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electricity change supplier

should you change your electric company every to get new customer discount
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Comments

  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No, stay on SVT with your current supplier.
    No free lunch, and no free laptop ;)
  • macman said:
    No, stay on SVT with your current supplier.
    The OP is in Northern Ireland where the system is a bit different to that of GB. I’m currently looking at switching to SSE Airtricity, as I think they have a new customer discount, which makes their rate quite a bit cheaper than everyone else.
    Northern Ireland club member No 382 :j
  • guiriman
    guiriman Posts: 536 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Unless there's a reason to stay with current, then why wouldn't you switch? It's the same product after all. https://www.consumercouncil.org.uk/consumers/save-money/energy/considering-switching-supplier


  • macman
    macman Posts: 53,128 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    guiriman said:
    Unless there's a reason to stay with current, then why wouldn't you switch? It's the same product after all. https://www.consumercouncil.org.uk/consumers/save-money/energy/considering-switching-supplier


    Because there are no new tariffs at present that are cheaper than SVT under the cap.
    No free lunch, and no free laptop ;)
  • I'm in the process of switching from PowerNI to SSE as they are giving a 20% discount off the unit rate for a 1 year contract. Seemed a no brainer as PowerNI have just put up the price by over 21%.
  • I'm in the process of switching from PowerNI to SSE as they are giving a 20% discount off the unit rate for a 1 year contract. Seemed a no brainer as PowerNI have just put up the price by over 21%.
    Done this.
  • A couple of questions:
    1.  what is SVT?
    2.  is the 20% discount not a "sweetener" as they will raise the rate dramatically after 1 year, much like gas has risen?

  • dsab
    dsab Posts: 328 Forumite
    Part of the Furniture 100 Posts
    edited 23 February 2022 at 5:00PM
    Mrs_Mac_1 said:
    A couple of questions:
    1.  what is SVT?
    2.  is the 20% discount not a "sweetener" as they will raise the rate dramatically after 1 year, much like gas has risen?


    Yes, and then you move again. I have been moving every single year for the last few years, always to the cheapest provider. Last year I went with Electric Ireland as they provided a 10% discount and a £40 Tesco voucher, a few weeks ago I went back to SSE onto their 20% discounted rate and once that one year is up I will again move to the cheapest alternative.

    It's absolutely painless, no cut in supply, there are no differences in quality etc... so why not always go with the cheapest?
  • SVT is standard variable tariff which we don't have in NI.
  • guiriman
    guiriman Posts: 536 Forumite
    Part of the Furniture 500 Posts Name Dropper
    dsab said:

    It's absolutely painless, no cut in supply, there are no differences in quality etc... so why not always go with the cheapest?

    The only pain point I've had (with more than one of them) is that their systems can't seem to understand how you can be both a new and a former customer so you may have to set up a new login with a different username and email address or go through the slow process of getting customer service to merge your two accounts
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