We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Spark Energy- 'Loyalty Tariff' didn't save us money!

2»

Comments

  • Gerry1
    Gerry1 Posts: 10,853 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 16 April 2020 at 12:45PM
    You're still getting it hopelessly wrong !
    mkaylah9 said:
    Tonik were going to charge us Monthly Direct Debit amount: £43.36 so more than our current tariff but less than our previous.
    Just forget the DD amounts, it's only a kitty, with no guarantee that it will pay the bills.  Flatmates paying £1 per week into a food kitty would soon get a big shock when it failed to pay the supermarket bill, and DDs for energy are no different.
    mkaylah9 said:

    Unit rate

    elec:15.94p/kWh

    gas:3.31p/kWh

    Standing charge

    elec: 20.16p/Day

    gas:18.07p/Day

    Those rates are absolutely dreadful.
    mkaylah9 said:
    However, Spark didn't charge us a unit rate for gas, only a standing charge.
    They would have charged you a unit rate for gas if you had used any.
    mkaylah9 said:
    I know exactly what to look for.
    Sorry, but you certainly don't.  Stop comparing £DDs, standing charges, kWh rates etc.  Just compare the annual costs based on actual meter readings, and ignore all claimed savings, projections etc.  It's not difficult.
    mkaylah9 said:
    I used the comparison tool on cheap energy club on here last time.
    The CEC doesn't show the whole market, despite its claim to do so (e.g. it omits Neon Reef).  You need to include other sites such as Citizens Advice and 'Switch with Which?'.  Don't forget to try both E7 and single rate: many suppliers will quote single rate for an E7 meter, so there's no need to replace it.
    If you have E7, make sure the immersion heater is only switched on at cheap rate times and that the boost switch is always off.  Beware of any separate timer for the immersion heater because it can drift away from the E7 times, especially after a power cut.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You say that gas is not 'plugged in'-meaning what?
    If there are gas appliances available, then use them: gas is approx 250% cheaper than electricity.
    No free lunch, and no free laptop ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.1K Banking & Borrowing
  • 254.6K Reduce Debt & Boost Income
  • 455.8K Spending & Discounts
  • 247.9K Work, Benefits & Business
  • 605K Mortgages, Homes & Bills
  • 178.8K Life & Family
  • 262.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.