Which Electric Company do you recommend in NI with DD?

butterflymum

@skycatcher the comparison table is now available to download from https://www.consumercouncil.org.uk/policy-research/publications/electricity_price_comparison_table

Interestingly, Power NI in most instances now seem least competitive.

moneytalks

Electric Ireland are quoting cheap prices. Too good to be true?

booklover

Thanks everyone. It's very annoying. I just switched to PowerNI less than 4 weeks ago and now it seems to be the most expensive!  

Ticked

booklover said:

Thanks everyone. It's very annoying. I just switched to PowerNI less than 4 weeks ago and now it seems to be the most expensive!  

It’ll probably even out over time, and at least you won’t (shouldn’t) have the communication hassles and poor service that seems to be prevalent with the others. I, for one, wouldn’t ever consider moving to any of the others. Better the devil you know.

guiriman

Must be a lot switching to PowerNI, I asked for a quote two weeks ago and they've yet to ring me. Bit annoying that you can't do a straight switch as with others, might just go to Electric Ireland rather than keep running on an expensive tariff until Power NI get their act together

mr._prude

I just switched to Electric Ireland a few days ago, 13.5p kwh plus a £100 credit and my direct debits will reduce from £113 to £60 per month. Should receive a payment from Power NI of my surplus credit £300 to help pay for some oil.

I was on Ecomony 7 with Power NI, they reduced all rates but increased the Ecomony 7 day rate, so the day rate now costs 9.3% more than their cheapest standard rate. That was the final straw for me, after 21 years.

belfastgirl23

Can anyone explain as per @moneytalks above why the Electric Ireland deal is so good? I am really wary of too good to be true schemes and this seems to good to be true are there any unforeseen downsides? Currently paying 28.11 per unit with Power NI so more than double the cost with Electric Ireland. I’ve never seen differentials like this before, it usually comes down to a penny a unit or something.

mr._prude

Budget and Click prices are 15p and 14p per kwh.

I can only conclude that some companies are passing on the full government assistance with others are not.

guiriman

Electric Ireland clearly states that their tariff includes the government assistance and that this is approximately a 55% reduction

jnm21

@belfastgirl23 often if you have a huge rate difference (and 50% is more than that), there is usually something wrong.

Are they out of cycle price change wise (i.e. is the cheaper one due a rate increase)?  Does one have a standing charge?  Generally the more you use the better value ones with a standing charge will be, though for light users, they can have hefty welcome bonuses which more than offset the standing charge, but you do need to look to switch when the minimum term is up.