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

pochase

medalto said:

My EDF fixed deal (Economy 7 electricity only, £270/month  - yes its a lot. 70s electric Underfloor heating  and the northern  Scotland.) comes to an end in August and they are suggesting the variable rate  @ £334 /month  or a fixed rate @ £439/month.

ive been told the  components of the tariff ( standing charge/day , Night rate, Daytime rate)  vary from provider to provider . but the alternative providers ive questioned

1. don't disclose their rates

and

2. Don't take on new customers.

I've got detailed usage information  and would like to shop around to see what combination of rates gives me the best variable-rate deal .

But is seems that i cant.

is this just me or common for everyone coming to the end of a fixed rate  and moving to variable ?

Are you sure the usage for the fixed and variable rate reflect you real usage?

If you current usage on a old fix is real I would expect minimum the cost to double, most likely much more.

What are you current rates, what was your usage over a 12 month period, and what have you been offered?

Telegraph_Sam

I was contacted today by a (nice) man from Utilities Warehouse wanting to tempt me with a better deal - but he persisted in talking in terms of monthly payments when to me the only sensible measure is p / kWh. and p /day.

SteveCooper

Mstty said:

SteveCooper said:

I have been offered 2 electricity fixed tariffs from my existing supplier who is EDF and from Octopus who are my current Gas supplier and are wanting me to go duel fuel

EDF - 2 year fixed price - £150 exit fee

40.79 p KWh
48.53 p Daily Standing charge 

Octopus - 1 year fixed price - £ nil exit fee

40.79 p KWh
48.26 p Daily stsnding charge 

Not much in the price structure just 1 year or 2 is the longer term price going to rocket further or the opposite its going to start falling ?  

Hi Steve, welcome to the forum.

Both of those come under the predicted price of electricity come October then the subsequent rise again in Jan 2023.

However no one has come to the forum with a fixed deal for electricity at that price for a long time from Octopus. Are you sure it's not more like 60p.

I was given the prices on the 13th June by email so i have a copy , i then confirmed the prices were still valid on the 12th July 

Mstty

SteveCooper said:

Mstty said:

SteveCooper said:

I have been offered 2 electricity fixed tariffs from my existing supplier who is EDF and from Octopus who are my current Gas supplier and are wanting me to go duel fuel

EDF - 2 year fixed price - £150 exit fee

40.79 p KWh
48.53 p Daily Standing charge 

Octopus - 1 year fixed price - £ nil exit fee

40.79 p KWh
48.26 p Daily stsnding charge 

Not much in the price structure just 1 year or 2 is the longer term price going to rocket further or the opposite its going to start falling ?  

Hi Steve, welcome to the forum.

Both of those come under the predicted price of electricity come October then the subsequent rise again in Jan 2023.

However no one has come to the forum with a fixed deal for electricity at that price for a long time from Octopus. Are you sure it's not more like 60p.

I was given the prices on the 13th June by email so i have a copy , i then confirmed the prices were still valid on the 12th July 

So it's been a week since you confirmed the prices with Octopus

Which did you chose as the EDF rates and octopus rates were both very similar? As you have a foot in both camps you can chose who you like best?

SteveCooper

Hi M
I am away on holiday until next week , i must decide by then , my feelings are
EDF - ( For) Good price , 2 Year fix , existing supplier , well in credit 
EDF - (Against ) £150 withdrawal fee , only 2 bills per year , Smart meter install required

Octopus - ( For ) Good Price ,Monthly Bill , stick with old meter , no withdrawal fee
Octopus - ( Against) only 1 year fix 

decisions , decisions 

Alnat1

@SteveCooper Those options might not be available in a week 

folacks

SteveCooper said:

Hi M
I am away on holiday until next week , i must decide by then , my feelings are
EDF - ( For) Good price , 2 Year fix , existing supplier , well in credit 
EDF - (Against ) £150 withdrawal fee , only 2 bills per year , Smart meter install required

Octopus - ( For ) Good Price ,Monthly Bill , stick with old meter , no withdrawal fee
Octopus - ( Against) only 1 year fix 

decisions , decisions 

You can change the bill frequency. I didn't realise this until last week. 

Keith_F

SteveCooper said:

Hi M
I am away on holiday until next week , i must decide by then , my feelings are
EDF - ( For) Good price , 2 Year fix , existing supplier , well in credit 
EDF - (Against ) £150 withdrawal fee , only 2 bills per year , Smart meter install required

Octopus - ( For ) Good Price ,Monthly Bill , stick with old meter , no withdrawal fee
Octopus - ( Against) only 1 year fix 

decisions , decisions 

Personally, I wouldn’t want to lock into these prices with a £150 per fuel escape fee.
I also wouldn’t be confident they would still be available next week. 

If you can tolerate a smart meter, one of those companies has better rates than that available at present. 

SimlarGent8

Hi
I honestly, don't know where to start with this and I have probably been slow and missed a trick.

Our current fixed energy deal is coming to an end in a few months and looking at the energy club thing it's suggesting moving to Utility Warehouse which is variable.  We are c£450 in credit with our current supplied (SSE) so not sure what to do.

The new variable deals, in Oct will they be going up and if so, does the Energy Club take this in account?

Mstty

SimlarGent8 said:

Hi
I honestly, don't know where to start with this and I have probably been slow and missed a trick.

Our current fixed energy deal is coming to an end in a few months and looking at the energy club thing it's suggesting moving to Utility Warehouse which is variable.  We are c£450 in credit with our current supplied (SSE) so not sure what to do.

The new variable deals, in Oct will they be going up and if so, does the Energy Club take this in account?

These are the estimated prices per kWh for October and Jan 2023

Utility warehouse isn't for everyone and I think you need to take out other utilities with them 

You could look to get a quote with 

https://www.greenenergyuk.com/

If that interests you there are lots of other posts about the positives and negatives of greenenergyuk

Credit @qrizb