Seeking benchmark - but current provider not on any comparison site

MariborKev

All,

Apologies if this is a double post, but did search and couldn't find any details.

We moved into a rental property and the provider for Gas & Electric is Whoop Energy - which appears to be a business provider, even though this is a domestic property.

We are on the SVT - last bill we got was 

Electric

• 95.23p standing charge per day(yes, I know, horrendous)
• 33.33 per kwh

Gas

• 95.23p standing charge per day(yes, I know, horrendous)
• 9.5238 per Kwh

Looking at their SVT, this appears to have gone up again.

One of the issues is that as this is a business provider - it doesn't feature on any comparison site.

Usuage is for a 3.5 bed house(don't ask ), so any advice on what way to best benchmark this would be much appreciate.

Completely aware there isn't likely much we can do on the unit rate, but the standing charge clearly has a way to go!

bagand96

The best thing you can do is switch to a domestic supllier on the SVT which will be the cheapest tariff available right now. 

Many suppliers aren't taking new customers onto the SVT. I think EDF were though, but you had to phone them to do it.

[Deleted User]

You need to ascertain why you are on a business energy account for a domestic property? The Standing Charge rate is only one of your challenges; the other is VAT at 20%. Whatever you do, do not agree to a change of tariff as you probably do not have a ‘cooling off’ period.

Gerry1

Looks like you need to add 5% VAT to those rates...

Just phone EDF and switch to their Standard Variable Tariff.

QrizB

MariborKev said:

Electric

• 95.23p standing charge per day(yes, I know, horrendous)
• 33.33 per kwh

Gas

• 95.23p standing charge per day(yes, I know, horrendous)
• 9.5238 per Kwh

Switch away NOW.

Try EDF, they're taking on customers on their capped flexible rate. You'll need to phone them as you can't get that tariff online.https://www.edfenergy.com/for-home/help-centre/faq/our-tariffs-and-services?steps=23147#chapter-23144-3

Am I able to sign up to your Standard Variable tariff as a new customer to EDF?

Yes. Bear in mind we can’t offer you a cheaper Standard (Variable) tariff price than your current energy supplier. Standard (Variable) prices are linked to the Ofgem Price Cap.

You can keep an eye on energy deals by signing up to our energy alerts. We’ll let you know when energy prices are coming down, this means we may be able to offer you a better deal than your current energy supplier when this happens.

If you’re new to EDF and want to take our Standard (Variable) tariff, you’ll need to give us a call to be able to do this, you can’t sign up online. You can then chat with our team about the pros and cons to make sure this is the best option for you at this time.

To check EDF's SVT you can click here:

https://my.edfenergy.com/gas-electricity/tariff-information-labels

Enter your postcode and then look for the "Deemed" tariff.

QrizB

... and at least we're all giving the same advice!

Gerry1

Hi, I'm your Evil Twin !

Gerry1

Dolor said:

The Standing Charge rate is only one of your challenges; the other is VAT at 20%.

Looks like the OP is being charged 5%; the published rate is 100p/day. But best to leave PDQ.

MWT

QrizB said:

... and at least we're all giving the same advice!

Hard not to in this circumstance...

I'm noticing a trend lately of business suppliers ending up with domestic property, I wonder if this is down to the problems builders were having getting domestic suppliers to fit meters in new build and renovation projects?

MariborKev

Yeah,

This was of the landlord's doing - no idea why they went down this route.

Great(and consistent) advice, so will move to EDF as a matter of priority.