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Its just depressing!! :(

mailmannz
mailmannz Posts: 314 Forumite
Part of the Furniture 100 Posts Combo Breaker Debt-free and Proud!
Im just about giving up! I have that sinking feeling that there is quite literally nothing I can do to reduce my pain when it comes to changing tariffs because what ever I chose or where ever I go Im going to be bent over an apple cart.

I'm currently on a variable rate with E.On (gas 7.34 and electricity 29.24) and the cheapest new rate Ive found is still with E.On at gas 11.43p and electricity 46.13p! Has anyone found a supplier with cheaper rates than E.On Next Online v16 fixed for 12 months?!? Even this feels like a bit of a death sentence as its only staving off even higher rises until July next year :'(


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  • MattMattMattUK
    MattMattMattUK Posts: 12,342 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    mailmannz said:
    Im just about giving up! I have that sinking feeling that there is quite literally nothing I can do to reduce my pain when it comes to changing tariffs because what ever I chose or where ever I go Im going to be bent over an apple cart.
    There are no cheap rates at the moment unfortunately unless you have a EV and it appears that even they they may not be accepting new customers at the moment. 
    mailmannz said:
    I'm currently on a variable rate with E.On (gas 7.34 and electricity 29.24) and the cheapest new rate Ive found is still with E.On at gas 11.43p and electricity 46.13p! Has anyone found a supplier with cheaper rates than E.On Next Online v16 fixed for 12 months?!? Even this feels like a bit of a death sentence as its only staving off even higher rises until July next year :'(
    That rate appears to be above both the Oct 22 and Apr 23 price rise estimates, so it is likely to accelerate paying higher prices, not reduce them. Apart from those lucky people who are already on a fix (or EV owners), it appears that the SVR will be the cheapest rate until at least Oct 23 and possibly much longer. 
  • bristolleedsfan
    bristolleedsfan Posts: 12,813 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mailmannz said:
    Im just about giving up! I have that sinking feeling that there is quite literally nothing I can do to reduce my pain when it comes to changing tariffs because what ever I chose or where ever I go Im going to be bent over an apple cart.

    I'm currently on a variable rate with E.On (gas 7.34 and electricity 29.24) and the cheapest new rate Ive found is still with E.On at gas 11.43p and electricity 46.13p! Has anyone found a supplier with cheaper rates than E.On Next Online v16 fixed for 12 months?!? Even this feels like a bit of a death sentence as its only staving off even higher rises until July next year :'(


    Phone them ask if Next Loyalty 24M Fixed Rate - June 2022 Issue 2 - Direct Debit Version is still available, Gas around 10.38p kWh, Electricity cheaper as well.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Have a look at 

    https://www.greenenergyuk.com/

    Until told otherwise the best rates for switch and fix and no exit fees.

    Night be worthwhile unless your Apple cart has an electric motor😅
  • EssexHebridean
    EssexHebridean Posts: 25,610 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    pochase said:
    I know that you like the fixed tariff from Green Energy UK, but you should make the people also aware that there is a potential big problem with taking this fixed tariff..

    Green Energy is not regulated by cap, so after the fix runs out people are on a SVT that is potentially more expensive than the cap. If the current climate continues with suppliers not taking on new customers, they might be stuck paying more in the long run.

    Not saying that this will be the case, and everybody needs to make his own decision, but at least people should be aware of this potential issue.
    Yes - we definitely factored this into our calculations and decision making. Hopefully the fact that theoretically at least prices *should* be dropping as the fix nears its end will mean there is a little more flexibility - and with there being no exit fees, if anything that looks suitable comes up to shift to in the meantime, a further switch won't be an issue of course. 
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  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    @pochase It's a fixed rate with no exit fees best on the market.

    I will keep promoting it and saving people hundreds of pounds a year.

    We cannot list all the T&C's of every energy deal and people can view for themselves and make up their own mind.

    What is important to you isn't to me and who knows what is important to others. Otherwise this board would be silent.

    Feel free to follow any post I make about green energy with your own views to pass on what you think is important to people.
  • Brie
    Brie Posts: 16,352 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    why isn't Green Energy included in the cap?
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  • bristolleedsfan
    bristolleedsfan Posts: 12,813 Forumite
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    Brie said:
    why isn't Green Energy included in the cap?
    https://selectra.co.uk/energy/providers/green-energy-uk
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 13 July 2022 at 10:11AM
    Brie said:
    why isn't Green Energy included in the cap?

    The Sparkling fixed deal most people can save the most money on is fixed anyway so not covered by the cap. No exit fees and they can move away anytime they like if a better deal comes up anywhere.
  • mailmannz
    mailmannz Posts: 314 Forumite
    Part of the Furniture 100 Posts Combo Breaker Debt-free and Proud!
    What’s the deal with EV rates?? Octopus is here to install my charger but havent heard a peep from anyone about EV rates?
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