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Is it just me! Where are the tarrifs?

Pensioner2b
Pensioner2b Posts: 16 Forumite
10 Posts First Anniversary
We are on a fixed rate with EDF which ends in September. I want to start looking at tariffs but all you seem to get is price caps which mean absolutely nothing to me. They tell you that is the most they can charge you by way of unit cost and standing charge but don't tell you what the unit cost actually is and if you use more than their example then you pay more. Why can't they just tell us the price per unit and the daily standing charge like then used to. It's all smoke and mirrors how on earth are you supposed to compare prices.

Comments

  • Robin9
    Robin9 Posts: 12,364 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    This what is on my Edf account:'

    Contract details

    Tariff name

    Standard Variable

    Payment method

    Direct Debit (Fixed)

    Exit fee

    None

    Electricity supply


    Unit rate

    21.68p per kWh

    Standing charge

    62.72p per day

    (All rates inc. VAT)

    Never pay on an estimated bill. Always read and understand your bill
  • Pensioner2b
    Pensioner2b Posts: 16 Forumite
    10 Posts First Anniversary
    I know what my current rates are but I am trying to find prices for when my fixed rate ends with the various companies to compare against. Currently mine are Gas Unit rate 3.805p/kWh Standing charge 24.870p/day (£90.78/year) and Electricity Unit rate 19.550p/kWh Standing charge 22.870p/day (£83.48/year. Your standing charge looks quite high and I expected the electricity rate to be higher.


  • Robin9
    Robin9 Posts: 12,364 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The rates I have given above are Electric EDF's SVT in my region (West Midlands); Gas is Unit rate

    6p per kWh

    Standing charge

    31.45p per day

    (All rates inc. VAT)


    I am also on the same Electric EDF fix ending Oct 1st


    Have you looked at the Cheap energy Club on this site for comparisons
    Never pay on an estimated bill. Always read and understand your bill
  • Ayr_Rage
    Ayr_Rage Posts: 1,743 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 11 June at 10:54AM
    The SV rate from EDF will be available on your online account when you select Change Tariff, however that rate only runs from July to September and you'll probably get a warning that there is a fee to exit your fix early.

    What happens to the SV rate in October is not yet certain, but a rise of around 12% on the mystical "typical usage" is predicted.

    Fixes will come and go between now and September so you'll have to have a good crystal ball or just take a punt.
  • bob2302
    bob2302 Posts: 384 Forumite
    100 Posts First Anniversary
    edited 11 June at 11:12AM
    Most of the replies in this thread are obtuse. The OP is looking for information on new tarrifs, and he's finding it hard to get the actual rates and SCs to make a comparison.
  • TheElectricCow
    TheElectricCow Posts: 573 Forumite
    500 Posts First Anniversary Name Dropper
    Some suppliers make it needlessly difficult to find a simple tariff list, often pushing the hard sell on customers by forcing them through some quotation process or another.

    Off the top of my head, Octopus come to mind as having their rates most easily accessible on the following page
    https://octopus.energy/tariffs/
    One point to note there is that you want to input a postcode in the box at the bottom of the page and then not click the big “Get a Quote” button, and the tariffs should then load up further down. Use the filter for domestic tariffs or they’ll be a lot of extra irrelevant tariffs thrown in with the ones you want to see. The postcode part is just so it shows you the rates for the correct region.
    Moo…
  • Ayr_Rage
    Ayr_Rage Posts: 1,743 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 11 June at 11:38AM
    bob2302 said:
    Most of the replies in this thread are obtuse. The OP is looking for information on new tarrifs, and he's finding it hard to get the actual rates and SCs to make a comparison.
    Everything available from their current supplier appears when you select Change Tariff in MyAccount.

    If the OP wants tariffs from other suppliers they'll have to go directly to their websites or use a comparison site.
  • Scot_39
    Scot_39 Posts: 2,523 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    We are on a fixed rate with EDF which ends in September. I want to start looking at tariffs but all you seem to get is price caps which mean absolutely nothing to me. They tell you that is the most they can charge you by way of unit cost and standing charge but don't tell you what the unit cost actually is and if you use more than their example then you pay more. Why can't they just tell us the price per unit and the daily standing charge like then used to. It's all smoke and mirrors how on earth are you supposed to compare prices.
    Some do seem to market to existing customers using the £xx pa savings - ask for a quote and they will give the SC and unit rates.

    Basic human nature I guess £100pa easier to grasp for many than 0.xp per unit etc.

    EOn often quotes an annual saving for fixes, or e7 vs e10 etc on my bills

    I would need to get an online quote to see the basis - e.g. sr or e7 etc and the SC and unit rates - as not always obvious from the tariff labels.

    Even with svt, only a few (from memery edf, eon next, octopus from those seen linked in past posts here ) publish their full regional pricing for sr and e7 on blogs or websites.

    But at least Ofgem now publish full regional breakdowns - even including the vat for gas and sr electric - and not just average regional caps and rates.  No longer needing a calculator to interpret their old nil kWh and x,xxxx kWh total column regional tables.


  • spot1034
    spot1034 Posts: 906 Forumite
    Part of the Furniture 500 Posts Name Dropper
    If you get any quote there will be a button somewhere to reveal unit prices and standing charges - it'll be something like 'tariff rates' or 'show details' or 'tell me more' or whatever. Look for it - it'll be there somewhere. It's sad how many people won't bother and just look at the monthly direct debit.
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