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Ask An Expert: ENERGY

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EDF energy

My tarrif ended in July now I am on the Standard tarrif gone up from £90 month to £170
is there a cheaper company to move to
Thanks to all who post comps :)
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Ask An Expert: Answered · Last Updated

Hi cinders59,

Energy deals are starting to slowly return, though savings for switching aren’t anywhere near the same levels they were before the energy crisis.

However, a few firms offer tariffs that could be worth considering – though some of the cheapest are for existing customers of that firm. If you want to consider those types of tariff, you can first switch to that provider’s standard tariff then ask to be moved to the existing customer deal. Though do be aware deals can be pulled at any time, and switching firm usually takes around five days.

For the full options, and more info on whether it’s worth considering switching, see our Stick, switch or fix and Should you fix? guides

Thanks

MSE Andrew

This question and answer came about during the MSE Forum 'Ask An Expert' event in Sep 2023. It won't be updated so may no longer be correct at time of reading. This info does not constitute financial advice: always do your own research on top to make sure it's right for your circumstances.

Comments

  • cinders59
    cinders59 Posts: 7,622 Forumite
    Name Dropper First Anniversary Photogenic First Post
    Just received an email. "good news the energy price cap is going down as per OffGem price cap
    But the standing charge is going up
    Surely not a saving then 
    Thanks to all who post comps :)
    ITV winners membersclub#2
  • Ayr_Rage
    Ayr_Rage Posts: 1,019 Forumite
    First Post First Anniversary Photogenic Name Dropper
    It's the same with all companies on their SV tariffs.
  • cinders59 said:
    My tarrif ended in July now I am on the Standard tarrif gone up from £90 month to £170
    is there a cheaper company to move to
    Pretty much every supplier within the same region offers the same pricing, within less than 1% of the Ofgem SVT, unfortunately at the moment there are no cheaper tariffs. 
  • Hi cinders59,Energy deals are starting to slowly return, though savings for switching aren’t anywhere near the same levels they were before the energy crisis.However, a few firms offer tariffs that could be worth considering – though some of the cheapest are for existing customers of that firm. If you want to consider those types of tariff, you can first switch to that provider’s standard tariff then ask to be moved to the existing customer deal. Though do be aware deals can be pulled at any time, and switching firm usually takes around five days.For the full options, and more info on whether it’s worth considering switching, see our Stick, switch or fix and Should you fix? guidesThanksMSE Andrew 
  • cinders59
    cinders59 Posts: 7,622 Forumite
    Name Dropper First Anniversary Photogenic First Post
    Thank you MSE Andrew
    Thanks to all who post comps :)
    ITV winners membersclub#2
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