Energy: Find the cheapest supplier & earn cashback

molerat

I am surprised that so many stayed on the Sep fix. I moved to the Feb fix, it was £8 pa dearer but with the £15 cashback and the 5 months extra price protection seemed a no-brainer. :money:

Johnny_F

Hi All,

I seem to be in a similar situation as DaveAllan72 but with a different supplier. I am currently on EDF Blue+ Fixed Price Sept 2016. This ends on 30/09/16 so I just joined the Cheap Energy Club and did a comparison. It tells me I can save £256 a year based on the costs I'm currently paying so I was going to switch ASAP to avoid drifting on to EDF's variable rate. I then noticed the Big Switch Event so I presume I'd be better off waiting for that to start and see what's on offer there??
What I didn't want to do though is have to go onto EDF's variable rate at all, does anyone know if they will do similar to what E.ON say above and honour my current tariff until 20 days after it ends whilst my switch goes through (or is this a standard industry wide thing??) ??

Thanks in advance for any help
Johnny

Consumerist

Johnny_F wrote: »

. . . What I didn't want to do though is have to go onto EDF's variable rate at all, does anyone know if they will do similar to what E.ON say above and honour my current tariff until 20 days after it ends whilst my switch goes through (or is this a standard industry wide thing??) ??

I think it's in their Licence Conditions to keep you on your current tariff until you switch provided they know you are in the process of switching.

Edit
Standard Licence Conditions 24.9 & 24.10 cover this situation. You, or your new supplier, can tell your current supplier that you are in the process of switching up to twenty days AFTER the end of the switching window. Once they are advised, they must keep you on your current tariff until the switch completes "within a reasonable period of time".

The condition is a bit long-winded but I'll post it if you really need it. The summary above is only my interpretation.

DiggerUK

Providing price comparison sites with millions in 'clickster' fees does not reveal if I am getting cheapest option.

Until suppliers can say how much I am paying per KWh for electricity, or cubic foot/metre for gas, then there is no way I can check the claims of one against another.

No two companies charge in the same way, which means there is no practical way to check for best deal..._

Johnny_F

Thanks Consumerist,

Sounds like it's a standard thing then, I'll hang on and see what the Big Switch has to offer then.

I think the key point is that your existing supplier is made aware of your intentions to switch in good time!!

Thanks Again :beer:
Johnny

Consumerist

Johnny_F wrote: »

. . . I think the key point is that your existing supplier is made aware of your intentions to switch in good time!! . .

If you anticipate switching after the switching window has expired, I would guess that your new supplier would need to advise your current supplier through appropriate channels for this condition to apply.

Johnny_F

Hi Consumerist,

My current tariff doesn't end until 30th Sept so that should give me time to browse the Big Switch deals, apply for the best option and then let my new supplier inform EDF of my intentions before the window expires....I hope
Maybe EDF will surprise me and be the best of the Big Switch deals for me anyway so I won't have to switch supplier at all!! :rotfl:

Thanks again
Johnny

victor2

DiggerUK wrote: »

Providing price comparison sites with millions in 'clickster' fees does not reveal if I am getting cheapest option.

Until suppliers can say how much I am paying per KWh for electricity, or cubic foot/metre for gas, then there is no way I can check the claims of one against another.

No two companies charge in the same way, which means there is no practical way to check for best deal..._

There is - use one of the comparison sites and ignore the potential "savings" figures, as they use the nonsensical OFGEM methodology. Just put in your annual kWh usage for each fuel and look at the predicted future costs. Assuming you look at fixed tariff rates AND actually use the same amount of energy entered, they are surprisingly accurate.

hiswitzend

from reading this i probably wont get the cashback as i stayed with NPower. The reason I did this is what does not appear on the savings is the £90 dual fuel discount. so although i am only saving £56 i am still saving £146. Curious why this is not in the savings as it is still a discount and it can make a difference to your saving figures.

miniandrew

I just entered my figures for usage into Moneysaving experts site 304 kwh for gas a week and 440kwh for Electricity a week which I have taken from my Smart meter and it came up with a cost of £215 pmonth and £2582 per year - something is not right. I pay £80 pmnth with British Gas on Collective Fix February 2017 and they have just reduced that to £70 as I was paying too much.

Although MSE state, what they call the nonsensical comparison tariff as 9.42 pkwh whereas my current tariff states 10.75 for electricity and MSE 3.15p for gas against BG's 3.36p

Went to Uswitch and they showed EDF as being cheapeast saving me £170+ a years saving.

It's a nightmare trying to make comparisons when it is supposed to be easier!

Am I going senile or something? Don't know which is best and MSE are promoting a new British Gas deal - I feel like Confused .com!