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Energy: Find the cheapest supplier & earn cashback

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Comments

  • ceedy
    ceedy Posts: 19 Forumite
    Hi all,

    Did a switch some while ago and moved to Npower, had no problems.

    As its now supposed to be the time to switch again, I've done the usual trawl thro'
    the comparison sites and they all say the same ??

    Switch to Npower signonline14 a 200 pound saving.. ???.

    Phone Npower to enquire why I'm not on their cheapest rate.. and they tell me I am already ???.

    Hmmm?. possibly the comp sites are not to date? but that would not change
    the indication of a saving, just the amount to be saved ?

    take care All

    C.
  • new
    new Posts: 481 Forumite
    Just contacted Southern Electric, as I am thinking of switching, and wanted to know exactly what tariffs I was on, because I couldn't find the exact match on Moneysaving expert.com. I was told by the representative that i spoke to that Money supermarket was run by a 'dubious' gentleman - which I thought to be a very odd comment! He then went on to say that Uswitch or switch/which were more independent!
    Anyone else ahd this experience?
  • Magentasue
    Magentasue Posts: 4,229 Forumite
    ceedy wrote: »
    they all say the same ??

    Switch to Npower signonline14 a 200 pound saving.. ???.

    Phone Npower to enquire why I'm not on their cheapest rate.. and they tell me I am already ???.
    .

    When you put details in, did you use how much you spend or how many kwh you use in a year?

    You need to use annual kwh for accurate results.
  • new
    new Posts: 481 Forumite
    new wrote: »
    Just contacted Southern Electric, as I am thinking of switching, and wanted to know exactly what tariffs I was on, because I couldn't find the exact match on Moneysaving expert.com. I was told by the representative that i spoke to that Money supermarket was run by a 'dubious' gentleman - which I thought to be a very odd comment! He then went on to say that Uswitch or switch/which were more independent!
    Anyone else ahd this experience?

    I did make a second call and the lady that I spoke to at Southern Electric gave me much more useful and helpful/accurate information as to what I was using/paying,and also mentioned that SE would probably be dropping at the end of the month. I thanked her and mentioned the earlier conversation with the colleague referred to above and she said she would look into it.
  • I am with E:On and have a small 2 bed house. I do have a hot tub in the garden though, which runs all day and night. Since I moevd in (Nov '07) I have been on a fixed £109 per month for gas and electric, which I didn't think was too bad.

    I paid this every month until Dec '08 when I received a letter informing me that my monthly DD was to be come £205 per month.

    I checked online and saw last months quarterly bill was more than double previous quarters so I rang to investigate further.

    Apparently they have been estimating my bills, and when they took a reading, they realised I had to catch up on what I owed, and that I should be paying £205 for the next few months, until May, when they will get my next bill ready and review the DD....

    Anyway, I then received an email from Pipeline, a company I signed up for years ago, who were trying to create a relationship with one of the major petrol providers to save money on petrol by getting members only to use their garages.

    They are now promoting Utility Warehouse to save on Gas and Electric costs. So I gave the guys at Utility Warehouse a call and they tell me that they will switch me over to them and that I will be on no contract, so can switch away whenever I feel i'd like to, and that basically they work by guaranteeing to beat British Gas, and then also guaranteeing to be competitive with the top 6 providers...They say, "If they cut their costs, we will cuts ours" etc etc....

    I have no idea how much the going rate for a KwH these days is, and quite frankly, am not that interested, I simply want to know whether people have used Utility Warehouse and would recommend them, or whether I should be switching now, or staying with E:On.

    Any help would b greatly appreciated!!
  • Magentasue
    Magentasue Posts: 4,229 Forumite

    I have no idea how much the going rate for a KwH these days is, and quite frankly, am not that interested, I simply want to know whether people have used Utility Warehouse and would recommend them, or whether I should be switching now, or staying with E:On.

    I think the consensus is that UW are expensive - search the forum for confirmation as there are a lot of unhappy customers posting. I would suggest you work out your annual consumption in kwh from previous actual (A) readings, and input into a comparison site to see how much you could save.

    You will see the annual cost, and you need to make sure your monthly DD is set at a twelfth of this to avoid debt - assuming you clear your present debit balance.
  • Thanks, that's a great help....will give UW a wide berth then.
  • I switched Gas & Elec provider in July 2008 through MoneySupermarket and have not received £30. Moneysupermarket have advised that as the switch was carried out through RPoints and I received credit from them, I am not entitled to £30. Does anyone know if this is correct? I am sure I read on this site that RPoints (or equivalent) could be earned alongside cashback.
  • harryhound
    harryhound Posts: 2,662 Forumite
    I do have a hot tub in the garden though, which runs all day and night

    Can you fit this with a gizmo that tells you how much it is costing to run? (The plug in one's have been sold for as little as a fiver but I have a feeling this luxury has to be hard wired?) Never mind the future of the planet, I think you might get a nasty shock.
    [Alternatively if everything else is switched off over night, you could try reading the meter night and morning and doing the calculation]

    There is a theory that introducing "smart meters" would cut costs by 15% because most people haven't a clue what their life style costs and how much is wasted by stupid behaviour. That is before the clever tricks are introduced; like putting the fridge and freezer under the control of the electricity supplier, so it does not turn on unless it absolutely has too when electricity is expensive and keeps going a bit longer when it is cheap.
  • oly2c
    oly2c Posts: 51 Forumite
    I have just done a comparison and found that the all gave the same projected annual spend although the quoted savings all varied based upon my annual kwh usage.
    When I tried to check the figures I found that the projected prices seem to be based on the old prices and NOT the future prices from the end of this month. It is difficult to be sure as the discounts were not quoted for my existing EON account and these are due to change also.The number of permutations and options on EON tariffs seem to be aimed at confusing the consumer.
    In some cases the "savings" in the comparisons were based on the Standard Tariff and not the actual online dual fuel tariff.
    There would seem to be no point in changing from EON as their best results were near to the cheapest but this may not be the case when the price cuts are included in the comparison charts. I will wait for a month before trying again.
    if i had known then what i know now
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