Electric Supplier to switch or not

12 Posts

in N. Ireland
Thinking out loud here and looking a second opinion
Currently with SSE they have offered me as an existing customer a 15% discount so Unit Rate pence/kWh 20p im currently 21.07p
next cheapest supplier is Electric Ireland at 22.81p but with £40 discount upon switching to them.
Im a light user so switching to electric ireland only saves £5-10 a year or so .
But if i switch now in a years time i can switch back to SSE and avail of a 20% discount and they are usualy the cheapest per kwh .
The variables are
the price increases may be more on electric ireland this year ?
Who knows what deals will be available this time next year with SSE but i would guess cheaper ?
anyone else in a similar boat or any thoughts?
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Sadly Martin honestly doesn't have a clue and said he couldn't advise anyone right now. It's a strange situation for him as well as for everyone else.
So I do agree with Ticked, above. Better the devil you know for the time being. I've been with Octopus for about 18 months and will just stick with them although, of course, prices have risen. We are all going to have to pay more and there's no way out at the moment.