Tulo Energy UK Cheapest Energy

[Deleted User]

We've had several threads on the forum from customers who didn't fully understand the tariff information before signing up and thought they were on a fixed rate tariff, not a cap tracking one.

Exactly. A supplier can call a tariff anything that it likes and, over the years, we have seen some very bizarre tariff names. What matters are the detailed terms and conditions attached to a particular tariff. 

Gerry1

Much of the blame for confusion lies with dozy Ofgem.  The use of the word 'Fixed' can be very confusing because it can relate to the DD type OR to the rates.

The term 'Fixed Direct Debit' should be banned because many people wrongly think it's All You Can Eat.  It should be replaced by 'Equal Direct Debit'.  Contracts can then be 'Fixed Rate, Fixed Term' or 'Variable Rate, No End Date.'

michaels

MattyB1980 said:

Hi All

New to the forum just wanted to know if anyone has used a company Tulo Energy. A friend of mine told me they've launched a Tracker tariff at £1999 so below the price cap

I've been on the site and the only way to get the price seems to be with a code my friend gave me (Removed by Forum Team)

Has anyone used this company before? - seems from what I can see to be the cheapest deal for energy currently

Thanks

Matt

Thank you for joining the forum at the same time this company that no one had previously heard of was set up in order to share the info with us.  Hopefully they are giving you some sort of bonus for saving them some marketing budget during their soft launch.

MattyB1980

michaels said:

MattyB1980 said:

Hi All

New to the forum just wanted to know if anyone has used a company Tulo Energy. A friend of mine told me they've launched a Tracker tariff at £1999 so below the price cap

I've been on the site and the only way to get the price seems to be with a code my friend gave me (Removed by Forum Team)

Has anyone used this company before? - seems from what I can see to be the cheapest deal for energy currently

Thanks

Matt

Thank you for joining the forum at the same time this company that no one had previously heard of was set up in order to share the info with us.  Hopefully they are giving you some sort of bonus for saving them some marketing budget during their soft launch.

Haha I was just asking for peoples advice. I'm sorry i'll never post again I do hope someone is giving you a bonus for over 27,000 posts!

Ive just switched this morning switchover date is Tuesday so I'll know soon enough worth a try to save £20 a month for me

They've also removed the promo code now so anyone can get a quote and switch!

bristolleedsfan

MattyB1980 said:

michaels said:

MattyB1980 said:

Hi All

New to the forum just wanted to know if anyone has used a company Tulo Energy. A friend of mine told me they've launched a Tracker tariff at £1999 so below the price cap

I've been on the site and the only way to get the price seems to be with a code my friend gave me (Removed by Forum Team)

Has anyone used this company before? - seems from what I can see to be the cheapest deal for energy currently

Thanks

Matt

Thank you for joining the forum at the same time this company that no one had previously heard of was set up in order to share the info with us.  Hopefully they are giving you some sort of bonus for saving them some marketing budget during their soft launch.

Ive just switched this morning switchover date is Tuesday so I'll know soon enough worth a try to save £20 a month for me

Your O/P referred to "£1999 so below the price cap", Price cap level relates to dual fuel, unless my eyes deceive me this company only offer electricity.

Standing Charge in my region is 1p per day cheaper than maximum SVR = £3.65 per year less. 

Noting that you refer to a saving of £20 per month, by my calculations based on my region someone would need to use 4000 kWh electricity per year to save £16 per year based on unit rate reduction of 0.40p kWh, ( Typical average electricity usage is currently regarded as being 2900 kWh per year)

MattyB1980

bristolleedsfan said:

MattyB1980 said:

michaels said:

MattyB1980 said:

Hi All

New to the forum just wanted to know if anyone has used a company Tulo Energy. A friend of mine told me they've launched a Tracker tariff at £1999 so below the price cap

I've been on the site and the only way to get the price seems to be with a code my friend gave me (Removed by Forum Team)

Has anyone used this company before? - seems from what I can see to be the cheapest deal for energy currently

Thanks

Matt

Thank you for joining the forum at the same time this company that no one had previously heard of was set up in order to share the info with us.  Hopefully they are giving you some sort of bonus for saving them some marketing budget during their soft launch.

Ive just switched this morning switchover date is Tuesday so I'll know soon enough worth a try to save £20 a month for me

Your O/P referred to "£1999 so below the price cap", Price cap level relates to dual fuel, unless my eyes deceive me this company only offer electricity.

Standing Charge in my region is 1p per day cheaper than maximum SVR = £3.65 per year less. 

Noting that you refer to a saving of £20 per month, by my calculations based on my region someone would need to use 4000 kWh electricity per year to save £16 per year based on unit rate reduction of 0.40p kWh, ( Typical average electricity usage is currently regarded as being 2900 kWh per year)

Not sure where you looking on there site but I’ve just switched Dual Fuel. They only offer Dual Fuel I believe when you go through and get a quote. Don’t think I can post a link unfortunately but if you go to their homepage and input postcode and then usage you should see dual fuel quote significantly cheaper than price cap 

[Deleted User]

MattyB1980 said:

bristolleedsfan said:

MattyB1980 said:

michaels said:

MattyB1980 said:

Hi All

New to the forum just wanted to know if anyone has used a company Tulo Energy. A friend of mine told me they've launched a Tracker tariff at £1999 so below the price cap

I've been on the site and the only way to get the price seems to be with a code my friend gave me (Removed by Forum Team)

Has anyone used this company before? - seems from what I can see to be the cheapest deal for energy currently

Thanks

Matt

Thank you for joining the forum at the same time this company that no one had previously heard of was set up in order to share the info with us.  Hopefully they are giving you some sort of bonus for saving them some marketing budget during their soft launch.

Ive just switched this morning switchover date is Tuesday so I'll know soon enough worth a try to save £20 a month for me

Your O/P referred to "£1999 so below the price cap", Price cap level relates to dual fuel, unless my eyes deceive me this company only offer electricity.

Standing Charge in my region is 1p per day cheaper than maximum SVR = £3.65 per year less. 

Noting that you refer to a saving of £20 per month, by my calculations based on my region someone would need to use 4000 kWh electricity per year to save £16 per year based on unit rate reduction of 0.40p kWh, ( Typical average electricity usage is currently regarded as being 2900 kWh per year)

Not sure where you looking on there site but I’ve just switched Dual Fuel. They only offer Dual Fuel I believe when you go through and get a quote. Don’t think I can post a link unfortunately but if you go to their homepage and input postcode and then usage you should see dual fuel quote significantly cheaper than price cap 

Would this be the same site that gives this result:

You are a braver man than I am. I will stick with the same supplier that I have been with for the last 5 years. My gas price today is 3.7p/kWh.

bristolleedsfan

MattyB1980 said:

bristolleedsfan said:

MattyB1980 said:

michaels said:

MattyB1980 said:

Hi All

New to the forum just wanted to know if anyone has used a company Tulo Energy. A friend of mine told me they've launched a Tracker tariff at £1999 so below the price cap

I've been on the site and the only way to get the price seems to be with a code my friend gave me (Removed by Forum Team)

Has anyone used this company before? - seems from what I can see to be the cheapest deal for energy currently

Thanks

Matt

Thank you for joining the forum at the same time this company that no one had previously heard of was set up in order to share the info with us.  Hopefully they are giving you some sort of bonus for saving them some marketing budget during their soft launch.

Ive just switched this morning switchover date is Tuesday so I'll know soon enough worth a try to save £20 a month for me

Your O/P referred to "£1999 so below the price cap", Price cap level relates to dual fuel, unless my eyes deceive me this company only offer electricity.

Standing Charge in my region is 1p per day cheaper than maximum SVR = £3.65 per year less. 

Noting that you refer to a saving of £20 per month, by my calculations based on my region someone would need to use 4000 kWh electricity per year to save £16 per year based on unit rate reduction of 0.40p kWh, ( Typical average electricity usage is currently regarded as being 2900 kWh per year)

Not sure where you looking on there site but I’ve just switched Dual Fuel. They only offer Dual Fuel I believe when you go through and get a quote. Don’t think I can post a link unfortunately but if you go to their homepage and input postcode and then usage you should see dual fuel quote significantly cheaper than price cap 

Quote page has changed since I posted, now requires postcode instead of selecting region and now quotes dual fuel.

Electricity standing charge is a fraction of a penny per day cheaper based on my region 51.41p compared with maximum SVR 51.42p, unit rate 0.40p kWh cheaper, gas unit rate 0.47p kWh cheaper

MattyB1980

I switched on tulo.energy

[Deleted User]

Quote page has changed since I posted, now requires postcode instead of selecting region and now quotes dual fuel

I have just emptied the browser cache and the page has indeed been updated. I see that Tracker now comes with the caveat that prices can change:  'Rates are Variable and may change with 10 Days Notice'

FWiW, I am not seeing significant savings compared to my supplier's non smart tariffs"

Electricity:

30.27p/kWh  and 61.82p/day Standing charge (Tulo)

31.78p/kWh and 60.18p/day Standing Charge (Octopus)

Gas:

7.18p/kWh and 29.11p/day Standing Charge (Tulo)

7.71p/kWh and 27.47p/day Standing Charge (Octopus)

I hope that the OP has not fallen into the lower monthly payments trap?