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

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  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    If this is real you should go immediately for it.

    This must be a mistake, this is the level from May before the £2800 cap was predicted.
  • QrizB
    QrizB Posts: 18,313 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    pochase said:
    If this is real you should go immediately for it.
    This must be a mistake, this is the level from May before the £2800 cap was predicted.
    BG have a track record of occasionally offering ancient tariffs for no apparent reason.
    I agree, if there's no obvious reason *not* to take it, you should take it.

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • vwnik
    vwnik Posts: 4 Newbie
    Part of the Furniture First Post Combo Breaker
    I have been offered this by Eon I am totally confused like most 
    Thoughts on this please 

    Our most popular tariff, perfect for those who manage everything online.

    • Fixed prices for 12 months.
    • No exit fees.
    • 100% renewable electricity.**
    • Pay by Direct Debit.
    • Get a free smart meter*.

    Monthly cost

    £204.65

    Annual cost £2,455.81

    Electricity
    Daily standing charge43.39p
    Unit rate51.33p per kWh
    Assumed annual usage2,693kWh
    Estimated annual cost£1,540.83
    Gas
    Daily standing charge27.22p
    Unit rate13.01p per kWh
    Assumed annual usage6,271kWh
    Estimated annual cost£914.98

  • si_74
    si_74 Posts: 71 Forumite
    Third Anniversary 10 Posts Name Dropper
    vwnik said:
    I have been offered this by Eon I am totally confused like most 
    Thoughts on this please 

    Our most popular tariff, perfect for those who manage everything online.

    • Fixed prices for 12 months.
    • No exit fees.
    • 100% renewable electricity.**
    • Pay by Direct Debit.
    • Get a free smart meter*.

    Monthly cost

    £204.65

    Annual cost £2,455.81

    Electricity
    Daily standing charge43.39p
    Unit rate51.33p per kWh
    Assumed annual usage2,693kWh
    Estimated annual cost£1,540.83
    Gas
    Daily standing charge27.22p
    Unit rate13.01p per kWh
    Assumed annual usage6,271kWh
    Estimated annual cost£914.98

    Is all a bit of guess work until the new cap is announced at the end of August, but those unit rates are higher than the predictions that are being talked about. In my opinion too high to go for even with no exit fee and, on current information, I would sit it out on the standard variable tariff. 
  • wibbler
    wibbler Posts: 177 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    edited 27 July 2022 at 9:54AM
    I'm with British Gas. Just noticed a new tariff being offered (when logging into my online account - quite by chance!)

    Tariff is called Exclusive Fixed Energy v16 and well worth it if it's being offered to you, check it out!
    Is this just for existing customers? When I go through their site (I'm not a current BG customer), they just tell me I should stick with my current tariff.


  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    wibbler said:
    I'm with British Gas. Just noticed a new tariff being offered (when logging into my online account - quite by chance!)

    Tariff is called Exclusive Fixed Energy v16 and well worth it if it's being offered to you, check it out!
    Is this just for existing customers? When I go through their site (I'm not a current BG customer), they just tell me I should stick with my current tariff.


    As the name exclusive says it will be just for existing customers.

    Worse, it will be only just for a small number of existing customers as here unit rates are offered that belong into May and are not viable today.
  • wibbler
    wibbler Posts: 177 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    edited 27 July 2022 at 10:25AM
    pochase said:
    Worse, it will be only just for a small number of existing customers as here unit rates are offered that belong into May and are not viable today.
    Thanks. So near to finding a way out of energy hell, yet so far
  • brewerdave
    brewerdave Posts: 8,724 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Want to know if this is a good deal or not

    Electric Standing Charge: 48.87p
    Unit: 33.80kWh

    Gas Standing charge: 34.07p
    Unit: 10.19kWh

    Thank you for your help
    That BG tariff is better than the one I took 2 months ago !! Now I just got offered two Oct. fixes which are far worse than the May tariff I changed to !  Grab it with both hands !!
  • Doc_N
    Doc_N Posts: 8,547 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hi Want to know if this is a good deal or not

    Electric Standing Charge: 48.87p
    Unit: 33.80kWh

    Gas Standing charge: 34.07p
    Unit: 10.19kWh

    Thank you for your help
    As others have said, that's an excellent deal - if British Gas will actually allow you to sign up to it.  That does look very much like an error, and people are being offered much poorer rates.

    For the record, this is what I was offered a few days ago as an existing BG customer with a fix ending in early October:

    Exclusive Fixed Energy v20

    Electricity

    Standing Charge - 28.40 p/day

    Unit Price - 50.214 p/kWh

    Gas

    Standing Charge - 24.48 p/day

    Unit Price - 15.157 p/kWh

    Fixed Term - 1 year

    Cancellation Fees - None


    That's about £650 pm for me as against £200 at the moment, but that's going to increase to at least £510 in October, probably more.  Green Energy want about £500 pm on their Sparkling tariff.

    The Green Energy deal is a lot better, but it would mean switching away very early from what is currently a very low tariff, so it makes little sense at present (I think!) to move.  I still reckon that political pressure will oblige the 'new' government to manipulate the 1 October increase to keep it well below the predicted 65% - I'm not sure they'll be keen on Poll Tax riots!

  • fredsnail
    fredsnail Posts: 2,068 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Currently on EDF standard as fixed dal ended.  They are currently offering a fixed deal for 2 years with £300 early exit fee:

    Electric 
    Unit cost 43.1p
    Standing charge 48.15p

    Gas
    Unit cost 13.438p
    Standing charge 27.22p

    My monthly estimated cost is £217 (currently £150).


    My gut feeling is I don't want to lock in for 2 years with so much volatility but what do you think?
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