Energy: Find the cheapest supplier & earn cashback

Consumerist

Gerry1 said:

Octopus's Standard Variable Tariff is priced at £50 below the cap for existing customers, but only £2 below for new customers.

Just  to clarify, existing Octopus customers, as of April [2002] 2022, were put on a £48 per annum discount from their standard tariff, which itself is £2 pa below the cap (for a typical user).

The £48 pa discount is currently only guaranteed, however, until Oct [2002] 2022 so only £24 discount is actually guaranteed (in money terms) if you don't switch before then.

Still the cheapest available for those who qualified.

murphydavid

So as a "normal" (gas and electric from the same provider paying by DD) consumer with Shell Energy standard tarif. If I were to switch to Octopus I would save £2.00 a year and put myself in the process of becoming an existing customer and possibly gain a further £48.00 per annum at some point in the future?
This is not a statement but a query?

goatfaced

It suggests so, after 8 months?

wakeupalarm

Consumerist said:

Just  to clarify, existing Octopus customers, as of April 2002, were put on a £48 per annum discount from their standard tariff, which itself is £2 pa below the cap (for a typical user).

I don't think Octopus Energy even existed back then.

Consumerist

wakeupalarm said:

Consumerist said:

Just  to clarify, existing Octopus customers, as of April 2002, were put on a £48 per annum discount from their standard tariff, which itself is £2 pa below the cap (for a typical user).

I don't think Octopus Energy even existed back then.

Oops! I've amended the post to show 2022. Thanks for the heads up.