What rates are you being offered by your provider at the moment? 26 April 2022 at 5:25PM edited 26 April 2022 at 5:51PM in Energy 1.5K replies 211.6K views

MSE_JC

With wholesale gas prices at their lowest level since November 2021, we want to know what fixed energy deals you're being offered by your current provider. 

There are very few fixed deals available to new customers on the market, and those that are tend to be pricey. Yet sometimes we do hear of short-lived 'existing customer only' deals from certain firms that can be competitive. These deals aren't available on comparison sites, making them hard to keep track of.

Is there a good one out there that fellow MoneySavers might be missing out on?

Let us know the name of the tariff and the name of the supplier. 

[Deleted User]

MSE_JC said:

With wholesale gas prices at their lowest level since November 2021, we want to know what fixed energy deals you're being offered by your current provider. 

Bloody expensive ones lol

Wasn’t offered anything amazing by EDF. A 2 year fix at 37p unit price and 44p standing. The £150 exit fee made me stick to the SVT, that is only 27p a unit. Still hurts after I have got used to paying 15p for the last 2 years.

Astria

Deleted_User said:

MSE_JC said:

With wholesale gas prices at their lowest level since November 2021, we want to know what fixed energy deals you're being offered by your current provider. 

Bloody expensive ones lol

Wasn’t offered anything amazing by EDF. A 2 year fix at 37p unit price and 44p standing. The £150 exit fee made me stick to the SVT, that is only 27p a unit. Still hurts after I have got used to paying 15p for the last 2 years.

It'll hurt me more as my 15p fix doesn't end until November, after the October price hike

Mstty

Astria said:

Deleted_User said:

MSE_JC said:

With wholesale gas prices at their lowest level since November 2021, we want to know what fixed energy deals you're being offered by your current provider. 

Bloody expensive ones lol

Wasn’t offered anything amazing by EDF. A 2 year fix at 37p unit price and 44p standing. The £150 exit fee made me stick to the SVT, that is only 27p a unit. Still hurts after I have got used to paying 15p for the last 2 years.

It'll hurt me more as my 15p fix doesn't end until November, after the October price hike

Conversely I see it the other way you have been hurt less and are getting a great rate til November and have already saved a bucket load from the Oct '21 price cap raise, the Apr '22 price cap raise and a couple of months of the potential Oct '22 price cap raise.

That's a big saving over what could be the majority of people👍

Astria

Yes I agree, but going from 15p/unit to what could be 40p/unit in October is going to sting

Mstty

@Astria

Have you started to put away a little contingency fund. We have on top of what we are paying now. Even though we have fixed at the current capped rate for two years til Apr '24 we are looking to build up a "just incase fund" if things keep on going up.

What we have also done is started reducing power usage early getting used to not wasting as much👍

Joannep1974

MSE_JC said:

With wholesale gas prices at their lowest level since November 2021, we want to know what fixed energy deals you're being offered by your current provider. 

There are very few fixed deals available to new customers on the market, and those that are tend to be pricey. Yet sometimes we do hear of short-lived 'existing customer only' deals from certain firms that can be competitive. These deals aren't available on comparison sites, making them hard to keep track of.

Is there a good one out there that fellow MoneySavers might be missing out on?

Let us know the name of the tariff and the name of the supplier. 

I am with Utilita on the Smart Energy tariff, I am being charged 51.50p Electric & 20.746p Gas for the 1st 2 KWH per day! This is double the daily standing charge on British Gas. Utilita claim they do not have a standing but this charge is above ( or i believe it to be above) the price cap but i cant change provider because no companies are taking on new customers. Not sure what i can do i am stuck!

jonbem

If the current "crisis" is affecting the price of gas and oil based electricity generation, how come the "green" energy prices have gone up the same, i.e. those produced by nuclear or solar or wind? Has the price of wind gone up?

StartledJesus

I have just been offered by British Gas an Exclusive May 23 v1 tariff, with the rider that ‘if you then find that one of our future tariffs is cheaper, you can switch again without paying an exit fee.’

I haven’t even looked at the detail yet, but my first thought is whether BG can be trusted with that promise, after the debacle of their SoLR tariffs, and massive customer confusion over when those ‘Welcome’ tariffs lasted until? 

BUFF

jonbem said:

If the current "crisis" is affecting the price of gas and oil based electricity generation, how come the "green" energy prices have gone up the same, i.e. those produced by nuclear or solar or wind? Has the price of wind gone up?

many posts/answers on this in the forum if you had searched but e.g. https://theconversation.com/renewables-are-cheaper-than-ever-so-why-are-household-energy-bills-only-going-up-174795

blanik

jonbem said:

If the current "crisis" is affecting the price of gas and oil based electricity generation, how come the "green" energy prices have gone up the same, i.e. those produced by nuclear or solar or wind? Has the price of wind gone up?

Bizarrely yes. If the grid is short then generators offer the price they are willing to sell at. Once the amount of generation is met, all suppliers are then paid the highest price bid to achieve this.

So wind generated electricity could cost the same price as gas generated electricity.