Energy: Find the cheapest supplier & earn cashback

CashCow_3

Thanks competitionsafe.

I think I will cancel my switch and go with EDF via TopCashBack.

RaiderHammer

Hi how do the cash back sites work please. Do you just follow a link to change and then it happens automatically?

What's the best comparrison / cash back website to use?

Thanks

competitionscafe

RaiderHammer wrote: »

Hi how do the cash back sites work please. Do you just follow a link to change and then it happens automatically? Thanks

You sign-up to become a member of the cashback site, once you are signed up and logged in, then search for the merchant you wish to use - eg: EDF which will take you to a page like this: http://www.topcashback.co.uk/edf_energy/

Click the continue to merchant button:


Then sign-up at the supplier and yes the cashback should happen automatically. Usually best to clear your cookies first though and then follow the continue to merchant link.

See: http://www.topcashback.co.uk/GettingStarted

Most other cashback sites work in a similar manner, although they may charge a £5 annual fee for membership (eg: Quidco) or keep a share of up to half the cashback (eg: Greasy Palm). Therefore I prefer topcashback at present as they give you 100% of the cashback and charge no annual fee.

For comparisons of suppliers use sites like http://www.which.co.uk/switch/ or https://www.energyhelpline.com but obviously don't use their links to switch, clear your cookies after using the comparison site then use the suppliers link on a cashback site (topcashback, Quidco etc).

Shackeng

I swapped to Eon nearly a year ago, and am still waiting for my £30 cashback! You have been warned.

RaiderHammer

competitionscafe wrote: »

You sign-up to become a member of the cashback site, once you are signed up and logged in, then search for the merchant you wish to use - eg: EDF which will take you to a page like this: http://www.topcashback.co.uk/edf_energy/

Click the continue to merchant button:


Then sign-up at the supplier and yes the cashback should happen automatically. Usually best to clear your cookies first though and then follow the continue to merchant link.

See: http://www.topcashback.co.uk/GettingStarted

Most other cashback sites work in a similar manner, although they may charge a £5 annual fee for membership (eg: Quidco) or keep a share of up to half the cashback (eg: Greasy Palm). Therefore I prefer topcashback at present as they give you 100% of the cashback and charge no annual fee.

For comparisons of suppliers use sites like http://www.which.co.uk/switch/ or www.energyhelpline.com but obviously don't use their links to switch, clear your cookies after using the comparison site then use the suppliers link on a cashback site (topcashback, Quidco etc).

Thanks but are the comparrison sites not offering cash back now? Can I just follow their links?

50Twuncle

I prefer Quidco.co.uk - OK they charge £5 per year membership - but they are extremely professional and have never let me down with cashback - they also now offer "in store" cashback - in which you register your debit/credit card and then any purchase made in that store earns cashback
I have "recovered" over £250 in the last 12 months alone - not doing anything different to my normal spending - just saving on home / car insurance and breakdown cover

FrugalTopCat

Hi all,

This time last year we switched our gas & electricity for the first time ever (!!) and have saved over £400 in the year since. However, our tariff is coming to an end in a few weeks' time so I am looking at switching again. We're currently on British Gas Web Saver 4 (dual fuel) and they are planning to drop us to standard tariff which would mean a significant price hike! Not to mention their further price rise in December...

:eek:

Getting to the point...I've done an initial look on moneysupermarket comparison via the MSE link. There aren't huge savings to be had (from our current, reasonable tariff that is) but as I say, that's coming to an end - so these should actually show better savings vs standard tariff we are about to be dumped into. EDF is one of the top three, and reading this thread I'm thinking that could be the one to go for, to get a) £100 new customer bonus plus b) £80.80 cashback, providing it tracks.

However, I'm confused by the way that EDF's figures are shown on the Moneysupermarket listing. Using their figures for daily standing charge and unit charge, on the annual kWh usage I have supplied, my calculation is an overall figure of about £10 MORE than our current annual costs with BG. Yet the listing (copied below) is showing "annual saving of £58 plus £30 cashback". What else might they be including here? It can't be the £100 new customer bonus can it? (as the figs don't add up). It mentions discounts on the page - my highlighting in orange below. Presumably this must account for it - do you get a 6% refund at the end of the year or what? Also confused at the apparent contradiction on the electricity part - 6% discount would be approx. £18, not £8.40, yet it says both 6% and £8.40.

If anyone could help to clarify how EDF's Online Saver 7 is worked out, I'd be grateful. Should I assume that there are "discounts" of 6% on usage, PLUS a £100 new customer bonus, PLUS cashback through TCB/Quidco (as usual, provided it tracks)??

Thanks for any light shed on this! :j

Extract from MONEYSUPERMARKET results:

Standard Charge - GasStanding charge £0.26 per day
Unit Rates 1
2.7710p
Gas Discount:
6.00% per year.
Standard Charge - ElectricityStanding charge £0.28 per day
Unit Rates 1
7.6440p
Electricity Discount:
6.00% per year.
Discount:
£8.40 per year.


NOTE - The '£100 Welcome Bonus' is only available to NEW customers. The £100 will be credited to your energy account within 90 days of your supply having transferred. Min 2% discount off standard rates until 31/12/11. Termination fee £30 per fuel may be applied if customer changes supplier.
All costs are inclusive of VAT.

RaiderHammer

FrugalTopCat wrote: »

Hi all,

This time last year we switched our gas & electricity for the first time ever (!!) and have saved over £400 in the year since. However, our tariff is coming to an end in a few weeks' time so I am looking at switching again. We're currently on British Gas Web Saver 4 (dual fuel) and they are planning to drop us to standard tariff which would mean a significant price hike! Not to mention their further price rise in December...

:eek:

Getting to the point...I've done an initial look on moneysupermarket comparison via the MSE link. There aren't huge savings to be had (from our current, reasonable tariff that is) but as I say, that's coming to an end - so these should actually show better savings vs standard tariff we are about to be dumped into. EDF is one of the top three, and reading this thread I'm thinking that could be the one to go for, to get a) £100 new customer bonus plus b) £80.80 cashback, providing it tracks.

However, I'm confused by the way that EDF's figures are shown on the Moneysupermarket listing. Using their figures for daily standing charge and unit charge, on the annual kWh usage I have supplied, my calculation is an overall figure of about £10 MORE than our current annual costs with BG. Yet the listing (copied below) is showing "annual saving of £58 plus £30 cashback". What else might they be including here? It can't be the £100 new customer bonus can it? (as the figs don't add up). It mentions discounts on the page - my highlighting in orange below. Presumably this must account for it - do you get a 6% refund at the end of the year or what? Also confused at the apparent contradiction on the electricity part - 6% discount would be approx. £18, not £8.40, yet it says both 6% and £8.40.

If anyone could help to clarify how EDF's Online Saver 7 is worked out, I'd be grateful. Should I assume that there are "discounts" of 6% on usage, PLUS a £100 new customer bonus, PLUS cashback through TCB/Quidco (as usual, provided it tracks)??

Thanks for any light shed on this! :j

Extract from MONEYSUPERMARKET results:

Standard Charge - GasStanding charge £0.26 per day
Unit Rates 1
2.7710p
Gas Discount:
6.00% per year.
Standard Charge - ElectricityStanding charge £0.28 per day
Unit Rates 1
7.6440p
Electricity Discount:
6.00% per year.
Discount:
£8.40 per year.


NOTE - The '£100 Welcome Bonus' is only available to NEW customers. The £100 will be credited to your energy account within 90 days of your supply having transferred. Min 2% discount off standard rates until 31/12/11. Termination fee £30 per fuel may be applied if customer changes supplier.
All costs are inclusive of VAT.

What about termination fees? Do you have to pay them if you ever move again or do you just have a contract for a set period?

FrugalTopCat

RaiderHammer wrote: »

What about termination fees? Do you have to pay them if you ever move again or do you just have a contract for a set period?

No termination fees, it was a 12 month deal on Websaver 4 which is coming to an end on 10th December. Just double checked with BG.

Does anyone have any clue as to what the EDF pricing means (as per my query above)?

t0rt0ise

FrugalTopCat wrote: »

Does anyone have any clue as to what the EDF pricing means (as per my query above)?

I can't remember the figures I've read before but there is a dual fuel discount and a direct debit discount. Maybe that explains it a bit.