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It is REALLY annoying not to be able to compare (or, how good is my fix?)

Andrea15
Andrea15 Posts: 305 Forumite
Ninth Anniversary 100 Posts Name Dropper
edited 29 March 2022 at 6:14PM in Energy
Why is it that energy prices have become such well guarded secret? Why can't I find out what companies are charging with their SV to have an idea whether I am/will be paying too much with my fix? Now all you can find is sky high fixes, but the ordinary "standard variable tariff" is not known. For example, the standing charges seem to be varying a lot. OK, you can have a look at the cap, but they you have to work out how much it would cost me and I would probably get the maths wrong, anyway.
@Martin, is it so wrong to find out?
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Comments

  • Mstty
    Mstty Posts: 4,209 Forumite
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    It is very annoying indeed. Ofgem should make all the energy companies publish all their current tariffs and not keep them a secret.


  • jimjames
    jimjames Posts: 18,364 Forumite
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    edited 29 March 2022 at 4:30PM
    Andrea15 said:
    Why is it that energy prices have become such well guarded secret? Why can't I find out what companies are charging with their SV to have an idea whether I am/will be paying too much with my fix? 
    All companies are charging the same SV so I'm not sure what it would actually show? The only benefit would be to compare fixed rates with different companies but I suppose you can do that on their websites even if you can't switch to them.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • BUFF
    BUFF Posts: 2,185 Forumite
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    edited 29 March 2022 at 4:33PM
    I don't know about other suppliers as I haven't bothered looking but e.g. for EDF it is fairly easy to find. https://www.edfenergy.com/for-home/price-change & scroll down to the links

    Also, QrizB has put together a handy little post https://forums.moneysavingexpert.com/discussion/comment/78957887/#Comment_78957887;

    Atm they are all up against the SVT cap anyway for any new customers even if they will allow you to join so differences are minimal.
  • mumf
    mumf Posts: 604 Forumite
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    There’s nowt to compare. It’s all expensive,and this is how it will be.The Brave New World. Without the price cap,we would all be paying a hell of a lot more than now. It’s no wonder companies have gone bust if they are charging less than they have paid. No business can stand that. I’ll stick my neck out and say that you won’t see the prices we used to : Oil,Gas and coal are getting scarcer,and we have frozen Russia out,with no thought to finding replacements. The UK may not use a lot of Russian energy,but as net importers ,we are haggling on the global markets with those who do.

    Get used to it.
  • Andrea15
    Andrea15 Posts: 305 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    mumf said:
    There’s nowt to compare. It’s all expensive,and this is how it will be.The Brave New World. Without the price cap,we would all be paying a hell of a lot more than now. It’s no wonder companies have gone bust if they are charging less than they have paid. No business can stand that. I’ll stick my neck out and say that you won’t see the prices we used to : Oil,Gas and coal are getting scarcer,and we have frozen Russia out,with no thought to finding replacements. The UK may not use a lot of Russian energy,but as net importers ,we are haggling on the global markets with those who do.

    Get used to it.
    yes, but my question is "how does my fix compare"? At the moment I don't really know. I would have to phone my supplier (So Energy) who has no info on their website.
    Also, there is variability among the standing charges
  • Andrea15
    Andrea15 Posts: 305 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    BUFF said:
    I don't know about other suppliers as I haven't bothered looking but e.g. for EDF it is fairly easy to find. https://www.edfenergy.com/for-home/price-change & scroll down to the links

    Also, QrizB has put together a handy little post https://forums.moneysavingexpert.com/discussion/comment/78957887/#Comment_78957887;

    Atm they are all up against the SVT cap anyway for any new customers even if they will allow you to join so differences are minimal.
    I am with So ENERGY, but they have no info on their website.
    I had seen that post, but it still requires a lot of work from my side and very likely I would end up getting it wrong anyway.
    I don't really understand why they don't make their standard tariff more readily available. Even when my fix came to an end, getting info out of my supplier was like drawing blood out a of a stone.
  • MWT
    MWT Posts: 9,731 Forumite
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    Andrea15 said:
    I am with So ENERGY, but they have no info on their website.
    Nothing other than their SVT in full detail by region...



  • Ultrasonic
    Ultrasonic Posts: 4,235 Forumite
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    Andrea15 said:
    I don't really understand why they don't make their standard tariff more readily available. Even when my fix came to an end, getting info out of my supplier was like drawing blood out a of a stone.
    Because they might well lose money if you choose it. 
  • Andrea15
    Andrea15 Posts: 305 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    MWT said:
    Andrea15 said:
    I am with So ENERGY, but they have no info on their website.
    Nothing other than their SVT in full detail by region...



    Well spotted.
    I went on their website this afternoon trying to get a quote, but I just couldn't.
    How did you get on that page??
  • MWT
    MWT Posts: 9,731 Forumite
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    Andrea15 said:
    MWT said:
    Andrea15 said:
    I am with So ENERGY, but they have no info on their website.
    Nothing other than their SVT in full detail by region...



    Well spotted.
    I went on their website this afternoon trying to get a quote, but I just couldn't.
    How did you get on that page??
    Google is very often the quickest way to find this stuff, I rarely try to navigate energy company websites these days.

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