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Cheap Energy Club. I don't get the best prices

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_Jem_
_Jem_ Posts: 342 Forumite
Fourth Anniversary 100 Posts Name Dropper
When using the site to compare electricity I get M&S at the top then Symbio but the prices are for M&S is a bit more than Symbio.
M&S Unit Rate 15.855 
Standing Charge: 21. 851

Symbio Unit Rate 13.995
Standing Charge 19.000
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Comments

  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    And the annual costs are... ?
  • _Jem_
    _Jem_ Posts: 342 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    The annual cost for M&S is £309 Symbio is £316
    Ok I can see M&S is cheaper for that, now I just need it to be explained why the annual cost would be cheaper if the unit and standing charge is more? 
  • _Jem_
    _Jem_ Posts: 342 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Not sure how vat comes into it as its on the site. Or am I being dim... 
  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You've probably omitted VAT somewhere. Do the sums yourself to check.
    More to the point, the CEC doesn't show all suppliers so you may well not be getting the best prices.  Try Citizens Advice and 'Switch with Which?' and you'll probably find Neon Reef is at or near the top.
  • _Jem_
    _Jem_ Posts: 342 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    The problem with other sites my address doesn't come up so I have to put in another postcode.  When I do Symbio comes as the cheapest Then Green then Eon
  • Talldave
    Talldave Posts: 2,002 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you read the info it says you get a £50 bill credit with M&S, that's presumably why it's showing as cheapest despite rates being more expensive.  Symbio are just cheap, without gimmicks, which makes them better for higher users where the impact of M&S's discount would be negligible. 
  • _Jem_
    _Jem_ Posts: 342 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Talldave said:
    If you read the info it says you get a £50 bill credit with M&S, that's presumably why it's showing as cheapest despite rates being more expensive.  Symbio are just cheap, without gimmicks, which makes them better for higher users where the impact of M&S's discount would be negligible. 
    Cheers I did see that about the voucher just didn't realise that might be the reason for it to be at the top. 
    Think I'm going to try out Symbio. 
  • Smodlet
    Smodlet Posts: 6,976 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you don't shop at M&S, the discount is useless.  Good luck with your switch.
  • _Jem_
    _Jem_ Posts: 342 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Cheers. Definitely won't be going with M&S just for a voucher. 
  • Robin9
    Robin9 Posts: 12,776 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Of benefit to some users is the Warm House Discount of £140 which M&S does but Symbio doesn't; M&S also doesn't have an exit fee.
    Never pay on an estimated bill. Always read and understand your bill
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