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Are variable tariffs the same for providers in a region?

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RSTime
RSTime Posts: 128 Forumite
Third Anniversary 10 Posts Name Dropper
Like many people, we came off a fixed tariff end of March and are now on a standard variable tariff. According to our smart meter our daily cost has increased by (a shocking) 120%..

We are with ScottishPower and could not find details of their standard variable tariff on their web site, are providers not obliged to show all their tariffs?

Irrespective, will all providers in our region have exactly the same standard variable tariff ie will standing charges be the same. If not, depending on usage, could you make a saving my moving to another providers standard variable tariff?

Comments

  • MWT
    MWT Posts: 10,273 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    edited 13 April 2022 at 11:41AM
    If it is a single-rate tariff then there isn't going to be much difference between any of them, but if it is Economy 7 then there can be differences in the spread between day/night that would make one supplier a better choice than another depending on your particular mix of use.
    For example, here is their standard variable rate with DD payment for the Eastern region...



  • diystarter7
    diystarter7 Posts: 5,202 Forumite
    1,000 Posts First Anniversary Name Dropper
    Why are standing charges different per region at times and I also think the standard, the variable tariff was different by a few pence per region if my memory serves me well. I'm not referring to the E7 rates but the standard variable rates.
  • MWT
    MWT Posts: 10,273 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Why are standing charges different per region at times and I also think the standard, the variable tariff was different by a few pence per region if my memory serves me well. I'm not referring to the E7 rates but the standard variable rates.
    The OP was asking specifically about differences within their region hence the answer, but yes all the regions have different capped amounts for their tariffs as the costs that go into the cap calculation are not the same for each region. 

  • jimjames
    jimjames Posts: 18,690 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Even if suppliers are different you are unlikely to be able to move unless you accept a fixed rate
    Remember the saying: if it looks too good to be true it almost certainly is.
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