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Energy: Find the cheapest supplier & earn cashback

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  • Doc_N
    Doc_N Posts: 8,549 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    kad1 wrote: »
    Hiya. This time I wanted to find out re gas as opposed to elec.

    See above.
  • Mac1977
    Mac1977 Posts: 80 Forumite
    I thought I would spend some of the bank holiday time off reviewing my finances, so looking at switching gas & elec. Currently on EDF Online V5 which recently reverted to standard tariff. Dug out my paperwork and my supply start date with them was 10th Sept 09.

    Can anyone tell me if I will incur a charge for switching now, or am I better to wait until 10th Sept to be on the safe side?

    I know it takes a few weeks for the new supplier to make arrangements, but don't want to switch then find a cancellation charge getting slapped on me.

    Thanks
  • Optimist
    Optimist Posts: 4,557 Forumite
    Part of the Furniture
    Mac1977 wrote: »
    I thought I would spend some of the bank holiday time off reviewing my finances, so looking at switching gas & elec. Currently on EDF Online V5 which recently reverted to standard tariff. Dug out my paperwork and my supply start date with them was 10th Sept 09.

    Can anyone tell me if I will incur a charge for switching now, or am I better to wait until 10th Sept to be on the safe side?

    I know it takes a few weeks for the new supplier to make arrangements, but don't want to switch then find a cancellation charge getting slapped on me.

    Thanks

    The supplier your moving to has to wait two weeks before actioning the paperwork anyway so at this point you don't really have a problem
    "The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts."

    Bertrand Russell. British author, mathematician, & philosopher (1872 - 1970)
  • Mac1977 wrote: »
    I thought I would spend some of the bank holiday time off reviewing my finances, so looking at switching gas & elec. Currently on EDF Online V5 which recently reverted to standard tariff. Dug out my paperwork and my supply start date with them was 10th Sept 09.

    Can anyone tell me if I will incur a charge for switching now, or am I better to wait until 10th Sept to be on the safe side?

    There is no early cancellation charge on this tariff.

    EDF purely seem to rely on luring customers in when they are doing a comparison with an initially unsustainably low tariff and then stuffing them on to a higher one after a few month when they are busy with other things.

    How this is a way to create happy and loyal customers is beyond me.:eek::mad::mad::mad:
  • I would strongly recommend anyone switching to make sure they get the conditions of the switch from the comparison site before the cooling off period is up. I have switched a few times and its amazing how tricky once the switch is made to get the tariffs etc. I am sure the experienced can readily find this or know what to do but i believe a number of inexperienced - often told to switch as a route to lowering fuel bills - are being exploited. A pity the authorities cannot deal with this.
  • Hi, I am moving into a new student house in the next couple of weeks where the contract states you must stay with the current provider, Npower. I have a few questions if anyone can point me in the right direction it would be appreciated :D

    Is there much difference in their tariffs and is it worth comparing them? Are there any of the tariffs which are substantially better or are to be avoided?

    Topcashback have some offers for switching it Npower, as a new customer but the house is already receiving from Npower will I get the cashback?

    How do I know what to enter as the estimate of the power/gas consumption? Think I'll get in contact with the previous occupants and check their average usage.

    Thanks
  • Timmymna wrote: »
    Hi, I am moving into a new student house in the next couple of weeks where the contract states you must stay with the current provider, Npower.

    Surely if that is the case, then everything else is irrelevant.

    The owner / landlord will be the official customer.
    Thank you for reading this message.
  • Timmymna wrote: »
    Hi, I am moving into a new student house in the next couple of weeks where the contract states you must stay with the current provider, Npower. I have a few questions if anyone can point me in the right direction it would be appreciate

    Which contract exactly says you must stay with Npower? Your rental contract with the landlord or the energy contract with Npower. Also if you are student renters planning to only be there until June or July will the energy contract even be in your name(s)? It might stay in the landlord's name with him charging you what is consumed on the meter.

    If the contract will be in your name I doubt it says you have to stay with Npower. It will just say there is a penalty of pounds x for leaving them before date y. This may only be say 50 quid actual penalty but you could lose a large rebate that only applies after say a whole year with them. This may well cost more than any penalty for leaving.

    You seem very unclear on the circumstances. Long term letters of properties there for several years can switch suppliers. Even then the rental contract with their landlord may have nasty terms and conditions that if the renter moves away from coin meters to a normal one that they have to pay the cost of putting back the coin one meter when they leave.
    Is there much difference in their tariffs and is it worth comparing them? Are there any of the tariffs which are substantially better or are to be avoided?

    Depends how big the house is and how drafty it is and what the current contract is. You need to do comparisons at https://www.energylinx.co.uk, https://www.uswitch.com and https://www.whichswitch.co.uk to get any idea. Which supplier is best depends how much energy you use and what region you are in and even then its only which supplier has the cheapest deal this month (who usually isn't the supplier with the cheapest deal next month)
    Topcashback have some offers for switching it Npower, as a new customer but the house is already receiving from Npower will I get the cashback?

    No you won't. Not if you stay with Npower. But is it your contract to move anyway? Or is it in your landlord's name.
    How do I know what to enter as the estimate of the power/gas consumption? Think I'll get in contact with the previous occupants and check their average usage.

    Asking the previous occupants including what tariff they were also on with which supplier would be the only way to find out the actual best supplier for this house including the savings you might make.
  • I-LOV-MONEY
    I-LOV-MONEY Posts: 1,279 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Which contract exactly says you must stay with Npower? Your rental contract with the landlord or the energy contract with Npower. Also if you are student renters planning to only be there until June or July will the energy contract even be in your name(s)? It might stay in the landlord's name with him charging you what is consumed on the meter.

    It just occurred to me that maybe this is Halls or private housing arranged by the University, who have a contract with Npower to supply all their student accommodation.
    Thank you for reading this message.
  • It just occurred to me that maybe this is Halls or private housing arranged by the University, who have a contract with Npower to supply all their student accommodation.
    I don't think it will be Hall accommodation as electricity supplies are not normally metered in Hall rooms. You simply pay a rent that covers both your heating and your electricity (the latter is never going to vary that much from student to student because you already have a decent standard of central heating)
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