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Energy: Find the cheapest supplier & earn cashback

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Comments

  • buyitall
    buyitall Posts: 3,597 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi, I am looking to change from a standard EON Energy plan (dual fuel, DD) to a better deal. My annual usage for last year is 5151kw electricity and 20,116 for gas.
    Could anyone please clarify the following point -
    EON are increasing my DD from £123 to £139, even though I was not in arrears at the end of previous year (worked out just about exactly even) - so should I be comparing the EON £139 price or the old £123 monthly cost?
    Thanks in advance for any advice x
  • Wywth
    Wywth Posts: 5,079 Forumite
    buyitall wrote: »
    Hi, I am looking to change from a standard EON Energy plan (dual fuel, DD) to a better deal. My annual usage for last year is 5151kw electricity and 20,116 for gas.
    Could anyone please clarify the following point -
    EON are increasing my DD from £123 to £139, even though I was not in arrears at the end of previous year (worked out just about exactly even) - so should I be comparing the EON £139 price or the old £123 monthly cost?
    Thanks in advance for any advice x

    You should be comparing the annual cost based on your anticipated annual usage in kWh.
    The comparison site will provide these annual cost figures :)
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ofgem is currently proposing to reduce their medium user values to 13,500 kWh pa for gas (currently 16,500 kWh pa) and 3,200 kWh pa for electricity (currently 3,300 kWh pa). Consultation published today, 03 July 2013.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • So Npower put a 10% hike on my tariff midway through my Jan14 contract. I can of course switch for free and move to a cheaper tariff with a different supplier now, BUT, Npower say I will lose my £100 a year direct debit discount which I would get in December. As a result, it doesn't pay for me to switch now (as the saving over 6 months is less than £100), so I'm priced into staying. Is that legal by npower? Is there no grounds on which I can demand the direct debit discount be pro rata'd up to now (such that I get £50 or so back) and then I can switch to a new supplier? If not, seems that the option to switch for "free" is not a real option, and people have no choice but to accept a mid-contract hike when there is an annual direct debit discount.
  • DragonQ
    DragonQ Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts
    Pretty sure there's nothing you can do. Maybe Ofcom should ensure that discounts are applied to each bill, rather than after a long term, which essentially forces people to not switch tariffs.
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So Npower put a 10% hike on my tariff midway through my Jan14 contract. I can of course switch for free and move to a cheaper tariff with a different supplier now, BUT, Npower say I will lose my £100 a year direct debit discount which I would get in December. . .
    Under Ofgem's Retail Market Review, this sort of behaviour will be banned and discounts will have to be distributed throughout the year. The new licence conditions are expected to come in by the end of this year but not sure if they will be applied retrospectively.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • I'm moving house next week and it's proving difficult trying to estimate our energy bills. Internet quotes are coming out at £85 per month which seems way too cheap! I've been burnt before paying too little then having DD increased massively.

    We are 3 single people moving into a 4 bed flat above a shop with flats to the left and right. 2 of us will be at home quite a bit during the day due to shifts. So there will be people in a lot of the time.
    There is gas heating and cooker. The shop is empty at the moment so I imagine won't be heated in winter (could be wrong)

    Anyone live in a similar place and could advise on bills. Would be very helpful.
  • Consumerist
    Consumerist Posts: 6,311 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 12 July 2013 at 12:02PM
    . . . Anyone live in a similar place and could advise on bills. Would be very helpful.
    It would be virtually impossible for anyone else's consumption to give you any meaningful indication of your own consumption - there are too many variables to consider.

    To get you started, I would suggest you consider yourselves to be a <high user> (according to Ofgem). That would be 23,000 kWh pa for gas and 5,100 kWh pa for electricity (These values are currently under review). Use these consumption values in comparison sites.

    I agree that £85 pm for both gas and electricity seems rather low. Try the above consumption values to see how the costs come out. Post again if they don't seem realistic.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • Thanks, very those high usage figures were very helpful.

    It's now come out as £150 per month which sounds more like it. And I'd rather budget too much than too little.

    Thanks again.
  • I switched with the MSE energy site with the £30 cash back promo in February, should have received the cash back on the 2nd may but had nothing. I've been contacting the site to chase up the cash back and every message has been ignored, I would never use this site again! Be warned
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