Fuse Energy, anybody with them?

gpman

You posted earlier that you were told "...Any new tariff you select will always take effect the next day".

The t&cs state "If you move onto a new Fixed Rate Tariff when your previous Fixed Rate Tariff ends, we'll start a new Contract based on the new Fixed Rate Tariff on the date the old one ends."

brewerdave

I got a similar reply on chat yesterday as that quoted by post #467 ie once in the 49 day window I can switch tariffs internally without penalty but the tariff will apply from the following day.- implies that no future tariff "hold" is possible. I'm going to leave it until after the new October caps are announced ~ 7th August ?? because my leccy fix is so (relatively!) good.

SJMALBA

https://forums.moneysavingexpert.com/discussion/comment/82086905#Comment_82086905

October 'Price Cap' is due to be announced on the 26th of August.

brewerdave

https://forums.moneysavingexpert.com/discussion/comment/82086948#Comment_82086948

Doh! - thanks for this - I'd got 7th August on the calendar for some reason - senior moment ,no doubt !

brewerdave

Just got the message from MSE and also Fuse, confirming I'm in the "no exit fee" 49 day window.

I've fired up the spreadsheets and more than a bit startled to see how much more the best dual fuel fixes are than my 2025 Fuse fix - ~ 28% more !

Best I've found so far is from Ecotricity ~ £50 pa less than best Fuse offer. And presumably the fixes are not going to get cheaper as we nearer to D Day for OFGEM Cap announcement.

WiserMiser

https://forums.moneysavingexpert.com/discussion/comment/82090137#Comment_82090137

That seems surprising: I thought Ecotricity were expensive because of their use of renewables, and being exempted from the Ofgem price cap?

QrizB

That seems surprising: I thought Ecotricity were expensive because of their use of renewables, and being exempted from the Ofgem price cap?

Renewables aren't always more expensive; if Ecotricity struck power purchase agreements with renewables generators before the Iran farce kicked off, they could easily have cheap power to sell.

tlcgrantham

https://forums.moneysavingexpert.com/discussion/comment/82090137#Comment_82090137

August V1 15month tariff from fuse just beats Ecotricity for me in East Midlands

brewerdave

https://forums.moneysavingexpert.com/discussion/comment/82090156#Comment_82090156

The actual kwh rates with them are pretty good but the standing charges are horrendous - nearly £1 per day for dual fuel so no use for lower users. Still looking ……..

brewerdave

https://forums.moneysavingexpert.com/discussion/comment/82090213#Comment_82090213

Just checked and that fix is ~£1 pa cheaper than Ecotricity although seemed to be more on Fuse's own figures!