What rates are you being offered by your provider at the moment?

markw96

QrizB said:

markw96 said:

Maths never was my strong point obviously.  Yes it seems I was paying too little previously. Current tariff would cost me £1882 a year compared with the cheapest on offer being £2539 a year (around 35% again not my strong point)
Still worth taking the cheapest tariff do you think?
Appreciate your assistance

I've answered enough of these questions that I've got a spreadsheet to do the maths for me

Yes, if you would prefer the certainty of a fix for however-many-months rather than braving the vagaries of a variable tariff, the cheaper two of those fixes (the left-hand ones) both look promising. I don't know exactly how they differ - is one fixed for longer than the other, for example? - but you can compare features and choose the one you prefer.

The first 3 are fixed till 31 July 2023 and the last one 30th June 2023.

MigsyBigsy

Currently with EON Next Exclusive v11 which ends at the end of next month.. Was paying £35 per month

Actual readings

Electricity: 1,931 kWh

Gas: 467 kWh

Not many option available.

EON have offered:

SVR (estimated)

Electricity: £689.45

Gas: £134.45

fixed

Electricity: £889.34

Gas: £146.14

karenbp

HELP  I'm finding it impossible to work out the percentage increase on an Eon fixed two year deal.  Electricity is 36.5 unit (daily charge 48.15) and Gas 9.44 (27.22)   I forgot to ask the version or exit fee.  The offer online v14 I know from the website is 30%.  
My current rates are Electricity 28.29 (48.15) Gas 7.44 (27.22)

Lumphammer2

Just got an email from current supplier British Gas as current tariff is ending.  Can stay variable at price cap levels or go fixed.

Current tariff is People's Tariff.  54.096p per day standing charge and 29.35p per kWh.  Offering is Loyalty Jun 23v2 fixed tariff.  59.576 per day standing charge and 35.833p per kWh fixed. I reckon that is a 22% increase.  £75 exit fees.

What are people's opinion on the offer. 

g2barlow

Hi 

Can you help me , we were moved to British gas after my supplier went bust. So on The Peoples Energy Tariff with British Gas end 30th June. 

Have been offered the Loyalty v2 June 23 (Green energy) 

Gas tariff 10.384p/kwh, standing charge 29.959p/day 

Electric 34.348p/kwh

Standing charge 53.607p/day. 

Based in Birmingham West midlands, England 

Is this deal good or not? We currently pay £133 /month for dual fuel. 

g2barlow

Lumphammer2 said:

Just got an email from current supplier British Gas as current tariff is ending.  Can stay variable at price cap levels or go fixed.

Current tariff is People's Tariff.  54.096p per day standing charge and 29.35p per kWh.  Offering is Loyalty Jun 23v2 fixed tariff.  59.576 per day standing charge and 35.833p per kWh fixed. I reckon that is a 22% increase.  £75 exit fees.

What are people's opinion on the offer. 

I think this is the same deal I have been offered. Couldn't work out if a good deal or.not

QrizB

karenbp said:

HELP  I'm finding it impossible to work out the percentage increase on an Eon fixed two year deal.  Electricity is 36.5 unit (daily charge 48.15) and Gas 9.44 (27.22)   I forgot to ask the version or exit fee.

That's an OK deal; similar overall to the BG tariff that the next two posters mentioned (Eon's electric is higher, gas lower).

g2barlow said:

Have been offered the Loyalty v2 June 23 (Green energy) 

Gas tariff 10.384p/kwh, standing charge 29.959p/day 

Electric 34.348p/kwh, standing charge 53.607p/day. 

and

Lumphammer2 said:

Offering is Loyalty Jun 23v2 fixed tariff.  59.576 per day standing charge and 35.833p per kWh fixed. I reckon that is a 22% increase.  £75 exit fees.

BG Loyalty Jun 23v2 is OK if you want the reassurance of a fix; not the best on the market but with a fair chance of beating the October cap.

karenbp

Thank you QrizB, the tarrif is Eon fixed 24 mth loyalty with no exit fee.  Based on Martins 30% cutoff where would this deal stand?  

QrizB

karenbp said:

Thank you QrizB, the tarrif is Eon fixed 24 mth loyalty with no exit fee.  Based on Martins 30% cutoff where would this deal stand?  

For one of Ofgem's average customers, that E.ON tariff:

Electricity is 36.5 unit (daily charge 48.15) and Gas 9.44 (27.22)

... works out as £2466/yr, which is 25% higher than the current £1971 cap.

Flipsixtyfour

Is it worth switching from standard variable tariff to this fixed rate offer from British Gas? The offer is:

Exclusive May 23v1 (fixed until 31/523):

Gas: Standing charge:  34.069p per day Unit rate: 10.184p per kWh Electricity: Standing charge:  38.990p per day Unit rate: 34.460p per kWh Standard variable tariff is: Gas: Standing charge:  27.220p per day Unit rate: 7.517p per kWh Electricity: Standing charge:  32.141p per day Unit rate:  29.633p per kW It looks a close call to me. Any thoughts folks?