Energy: Find the cheapest supplier & earn cashback

rahrahrah

ah its ok i have found the t & cs for edf x

Premier_2

rahrahrah wrote: »

Hi there,

Well as the title explains I have no idea which is the best plan to switch to.

I have read through the switching article 3 times and i'm not clear on whether even if I switch now to edf will my gas/elec bills go up again or even more at the end of march.

Bit more info.....

currently with scottish power paying £1629 per year on dual fuel...... the best deal comes up with edf but i'm confused over whether the prices will go up again in March, please could somebody advise as to what this means?

Any information will be greatfully appreciated!!

Thank you xxx

Use annual consumption in kWh, not £.
You can get this info from your supplier, or it should be on most bills now.

Bung that in a comparison site (two are better to ensure you get consistent results), then consider taking the cheapest.

5 of the 'big 6' have increased prices so can be now considered to be on a level playing field. If EDF are the cheapest, note they have not yet increased prices ... but expect a change in March!
No guarantees, but that's the worst case scenario.
(You can get an idea of size by looking at the changes the others have done)

Taffy99

It's not available (or not showing) on any of the price comparison engines, but...

NPower Price Fix 2012 beats all the current price comparison engines for low volume electricity only users.
(Phone NPower to apply)

Tariff details:
No Standing Charge
14.67p/KWh for first 728 KWh
13.60p/KWh for all above
Priced fixed until Dec/2011
£40/year discount for paying by Direct Debit
No Exit fees - so you can switch in 6 months if prices drop

Also for existing NPower Customers : NPower will waive your existing tariff exit fee, if you ask Customer Services nicely.

Disclaimer: Check all details with NPower, yada, yada, yada

Taffy99

rahrahrah wrote: »

Hi there,

Well as the title explains I have no idea which is the best plan to switch to.

I have read through the switching article 3 times and i'm not clear on whether even if I switch now to edf will my gas/elec bills go up again or even more at the end of march.

Bit more info.....

currently with scottish power paying £1629 per year on dual fuel...... the best deal comes up with edf but i'm confused over whether the prices will go up again in March, please could somebody advise as to what this means?

Any information will be greatfully appreciated!!

Thank you xxx

Consider Fixed Price / Capped tariffs if you are concerned about further price rises.

keeley1973

Hi. First time posting so not sure how this works.

Have a question about Npower switch completed in October 2010. Was supposed to save over £350 per year but now NPower have HIKED their prices. The first I knew about this was on the internet (did not receive anything from them directly) and now having compared £ figures, it seems that some of these have gone up over 50% (Martin quotes 5% so not sure why the difference)!!

Questions ... (1) am I 'allowed' to move again from NPower since I only transfered in October? I believe I might have had to commit to 1 year minimum but cannot see anything in paperwork to confirm
(2) are NPower allowed to put prices up by this much? for example 2nd Tier Electric is up 55% and 1st Tier Gas is up 35%. Can I do anything about this?

I find with these price increases, I am not only not receiving £350 saving, but actually paying MORE than when I was with Eon. I have checked again today on uswitch and it seems for us that almost everyone is cheaper than Npower and we could in fact be saving £260 by switching (assume we can) to Scottish Power.

Any advice etc would be appreciated.

NonGeographicalMan

keeley1973 wrote: »

I find with these price increases, I am not only not receiving £350 saving, but actually paying MORE than when I was with Eon. I have checked again today on uswitch and it seems for us that almost everyone is cheaper than Npower and we could in fact be saving £260 by switching (assume we can) to Scottish Power.

Any advice etc would be appreciated.

You've got it in one.

The whole supposedly competitive energy marketplace is now a complete and utter con because unless you keep switching every 3 months (with the cashbacks offered and the low prices in the first 2 or 3 months this is still the cheapest way even though you may have to keep on paying early exit penalties of up to £50 for Dual Fuel) your supposedly new cheap supplier soon hikes up the price on you.

The 6 main energy suppliers have all colluded in a cartel like manner to impose this system of only their latest customers getting a cheap price for the first 3 or 6 months and can you imagine the outrage if the same thing was to happen with say petrol prices if you could only get a good price by signing a contract to fill up with only one supplier and then found that it was actually no longer the cheapest deal in town anyway as you sailed by other petrol stations with lower prices that you were contractually prevented from filling up at as your petrol tank needle fell ever lower.

The whole energy supply switching system is a complete scam that the corrupt and useless regulator (OFGEM) should control by only allowing all direct debit customers with one supplier to be supplied at one price and not at different prices according to when they joined the supplier. The only situation where different prices should apply to different customers with the same supplier is with fixed or capped tariffs where the price charged clearly does have to depend on when you took the deal out.

Premier_2

keeley1973 wrote: »

Hi. First time posting so not sure how this works.

Have a question about Npower switch completed in October 2010. Was supposed to save over £350 per year but now NPower have HIKED their prices. The first I knew about this was on the internet (did not receive anything from them directly) and now having compared £ figures, it seems that some of these have gone up over 50% (Martin quotes 5% so not sure why the difference)!!

Questions ... (1) am I 'allowed' to move again from NPower since I only transfered in October? I believe I might have had to commit to 1 year minimum but cannot see anything in paperwork to confirm
(2) are NPower allowed to put prices up by this much? for example 2nd Tier Electric is up 55% and 1st Tier Gas is up 35%. Can I do anything about this?

I find with these price increases, I am not only not receiving £350 saving, but actually paying MORE than when I was with Eon. I have checked again today on uswitch and it seems for us that almost everyone is cheaper than Npower and we could in fact be saving £260 by switching (assume we can) to Scottish Power.

Any advice etc would be appreciated.

In answer to your numbered questions:
1. Yes you can switch again. Sometimes there mnay be early exit fees to pay ... but these would be ststed in your terms.
Even so, they are stypically only about £30 per fuel and you can probably get this in cashback via a cashback site.
But if you can save £260 switching, it's a no brainer.

2. Yes. If you want security of prices, choose a fixed price tariff.
Capped price tariffs will give you assurance the price will not go above a certain level during the specified term.

v5076

Hi everyone

Just a quick question, I moved over on to Npower's online tarriff in March last year and received our first bill in July (Npower owed us £74). After this bill, Npower reduced our monthly payment down to £48.

I have just (after much chasing up !) received a more recent bill and we owe Npower £14 but they want to put our payment up to £78 !!!

What would you suggest? The only difference I can see is that Npower have put their charges up by a HUGE amount!!!

Thanks
V

JoanA

In May last year I switched gas & electricity supplier through moneysupermarket.com and received an email from them confirming the switch and stating that I would receive my £30 cashback once they had confirmation from my new energy supplier that I had indeed switched. They stated that this should take 2-3 months, but it may take as long as 6 months.
To date I still haven't received my cashback and when I chased it up they said that I wasn't entitled to it because I went to moneysupermarket.com directly from google (although I actually went through moneysavingexpert.com)
I have now forwarded moneysupermarket's original email back to them and asked them to pay up as promised. If they still won't pay do I have any way of forcing them to honour their promise of cashback and/or is there anyone that I can complain to about this?

NonGeographicalMan

JoanA wrote: »

I have now forwarded moneysupermarket's original email back to them and asked them to pay up as promised. If they still won't pay do I have any way of forcing them to honour their promise of cashback and/or is there anyone that I can complain to about this?

You could always suggest if you don't get your money back you will be writing to BBC Radio's Moneybox program and to personal finance journalists on the national newspapers about how this supposedly money saving website is not honouring its cashback promises.