Energy: Find the cheapest supplier & earn cashback

chumley01

Oops lol.... my ramblings caused me to actually overlook the actual question :rotfl:

How much does MSE receive (as an average) for sending someone to a comparison site if, i.e. they then switch their energy suppliers?

I had read the above link posted in response to my post but was curious to know. The same as MSE points out how much an energy supplier pays a comparison site, then surely, it stands to reason that it is only right to know what MSE is paid from the comparison sites.

e.g. if a comparison is paid £50 does MSE get £10, £20 or more that kind of thing. Just curious as to the 'split' so to speak of the original payout from an energy company.

energy co. pays £50? to comparison
comparison pays £15 per switch (or even per fuel possibly) cashback
AND pays MSE ??? for sending customer that switches?

Like i said, it obviously isn't mandatory to give a specific answer, I just feel it the correct thing as MSE is quite happy to reveal what everyone else is paying everyone else .... plus I'm just nosey

blahblahdoh

NonGeographicalMan wrote: »

That is a quite outrageous amount of time. Even OFGEM's (the regulator's) pathetic minimum standards on the matter requires a transfer in no more than 8 weeks. EDF Energy transferred my mother's electricity only supply in just under four weeks from the date of order and six weeks is about typical in the industry.

So you should immediately complain to the supplier you are transferring from and/or the one you are transferring to (depending who appears to be holding the process up) as outlined at www.ofgem.gov.uk/Consumers/Pages/Consumer.aspx and seek compensation for any financial loss you have suffered due to paying the old higher tariff for more than 8 weeks after your switch order. If you don't get a satisfactory reply from either company in 8 weeks or offered any compensation (since the maximum period for a transfer has been exceeded) then you should take matters up with The Energy Ombudsman as detailed at www.energy-ombudsman.org.uk/links/3-31-complaining_to_the_ombudsman.php

Thank you NGM. I did write to EDF and to their credit they phoned today and agreed to compensate me ( for taking 14 weeks to switch). Their representative was unable to obtain any reason for the delay, but did say it was unusual. I was impressed with the way they handled this.

Mad_old_tory

Hi everyone, got a few questions re switching and the best type of tariff to choose.

A bit of background would be useful I guess:

I'm currently renting a one bedroom flat (lease runs until early July).

Have no gas, just electric.

Night storage heaters and an immersion heater for hot water which runs off a timer currently set so nit works overnight.

In terms of other power hungry stuff, well I have a 42inch plasma which is no doubt a bit of a drain and we do tend to use the dishwasher (only once full etc) but other than that we don't have a tumble dryer and only leave lights on in the rooms we're in etc.

Now the night storage heating and timer for the water heating would suggest a form of economy 7 tariff, would that be a decent assumption and is it possible to restrict searches on comparison sites to only this type of tariff?

Any help much appreciated!

chumley01

Yep, you are able to select various options, such as elec only economy 7 etc....
Just one point to check, you should have a look at your 2 different meter readings (1 day and 1 night) as a guide your night time usage should be approx 35% of the units used during the day. i.e. 200 units daytime - 70 units at night as a min. If your night time usage is less than this (30-35%) then you should look at changing to a single rate tariff as you use a dearer day time rate for the cheaper night time rate (if that all makes sense)

So for anything such as dishwasher, washing machine tumble dryer etc you should look at running these during the night (cheaper rate)

If you think you need to change to a single tariff as you are not benefiting from the cheaper rate through using more daytime (dearer) rate then after you switch suppliers you can contact them and ask for your current economy 7 rate switched to a single electric rate. They can now do this without switching your actual meter as well.
Good Luck

bzc

Hi just a quick question about using the switching site.where it asks for the usage in Kwh or monthly payment, how do you find the total Kwh.my online bill only shows for x amount of days or when ever they read the meter.is this an accurate way of doing the calculations

Thanks

Just_landed

Why don't you add 4 bills together = 12 months then alter the month to 12 months you will get a more accurate quote, thats if you have 4 x quarter bills. You should be able to alter the Kwh to actual cost in £

clivebreath

I have decided its time for a change, Uswitch has thrown up Scottish power as cheapest.
I'm just a little confused as to wether to change with Scottish power via quidco.Or through Uswitch via quidco.
Can you get both sets of cashback or just one?

appreciate any help cheers

hansi

I find these comparison sites very misleading. For example, I just fed in details of the BG tariff I am on, and the figures they gave me showing what my present tariff is are hopelessly wrong. So how can you compare if the figures are wrong in the first place?

andyinyorkshire

clivebreath - £65 through quidco for scottishpower seems best deal for me overall anyway?
Less hassle and I remember one of the switch sites (not uswitch) removing their own cashback offer once I went through quidcos click through, so not sure you'd be entitled to both.

Hansi - Comparision sites are only making an estimate probably by using their own mathimatic forumulas (e.g. electric/gas heating not used so much in summer etc)

It is the gas & electric that have made their tariffs as confusing than mobile phone tariffs/contracts but offer the consumer choice at the same time.
I'd go with a comparision site, record your gas & electric on the 1st of each month then next year look at the top comparison offers then use their offers through what your usage was last year.

NonGeographicalMan

clivebreath wrote: »

I'm just a little confused as to wether to change with Scottish power via quidco.Or through Uswitch via quidco.

You only get the Scottish Power cashback that is listed by Quidco if you use the link on Quidco directly to Scottish Power's website.

If you instead use the link to Uswitch from Quidco you will only get the casback they are listing as paying for using Uswitch. The larger cashback paid by Scottish Power for direct switchers not using Uswitch will not then be paid to you.