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Tomato Energy (Electric Only Supplier) - Too Good To Be True ?

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  • bob2302
    bob2302 Posts: 558 Forumite
    500 Posts Second Anniversary Name Dropper
    das1969 said:
    I am looking into switching, and the two tariffs I'm looking at are Lifestyle and Intensity. Most people on here seems to be going for Lifestyle, though Intensity has a 15% discount when "the grid is green", The grid is considered "green" when the carbon intensity is 115 or lower

    Looking at the NESO website this has occured about 20 weeks so far this year. Is anyone else already on this tariff?

    https://www.neso.energy/about-neso/our-progress-towards-net-zero/carbon-intensity-dashboard

    The discount is actually 10% because they inflate the rates by 5% when the grid is not green and then deduct 15% from that figure. Also the grid is mainly green when it’s cheap rate during the night and rarely green when it’s full rate. 
    In my region it's actually 11%,higher in the non-green times, so it would need most of the usage to be green to break even. Even in the summer the solar green slots are misaligned with the the mid-price times, so no one would load shift into them.

    I'm presume it works on a slot by slot basis, that seems the mostly likely, so the 20 week figure doesn't really matter.

  • jadex
    jadex Posts: 797 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    edited 4 December 2024 at 5:07PM
    lohr500 said:

    I switched away from them in early November because personally I don't think they have a sustainable business. I wanted to leave at a time of my choosing rather than risk ending up being forced moved to a supplier of last resort. 
    surely you can then switch away from that "supplier of last resort" to your preferred one? 
  • i'm waiting for this co to go pop, can see it a mile off and they will reappear under another name 
  • jadex said:
    lohr500 said:

    I switched away from them in early November because personally I don't think they have a sustainable business. I wanted to leave at a time of my choosing rather than risk ending up being forced moved to a supplier of last resort. 
    surely you can then switch away from that "supplier of last resort" to your preferred one? 
    But it's often not a speedy process and you may be on a more expensive tariff than you find acceptable for a while.
  • Newbie_John
    Newbie_John Posts: 1,242 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Enjoy while it lasts. Moving to SoLR also takes a while so I really hope to stay over the winter. Summer costs are negligible for me.

    Talking about sustainability, I do see massive improvements - my usage data has been finally fixed showing all correct values. On other groups you see people getting their second bill. People who they struggled the most with SMET1 are being kicked out with options - move to Prime 21p same rate or switch elsewhere - while charging just the standing charge for past month or two. So by the end of the year they will sort out all their issues. 

    All the big players just charge the max they can to up their profits. Surely TE won't survive huge price spikes like the 2021 but for now they should me fine - in my opinion.
  • lohr500
    lohr500 Posts: 1,355 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    jadex said:
    lohr500 said:

    I switched away from them in early November because personally I don't think they have a sustainable business. I wanted to leave at a time of my choosing rather than risk ending up being forced moved to a supplier of last resort. 
    surely you can then switch away from that "supplier of last resort" to your preferred one? 
    You can, but as others have mentioned it can take time.
    Taking the EDF current SVT of £0.23 as an example, every day I would be stuck on a supplier of last resort's standard tariff would cost me around £9 more than the TE prices.

    The key saving for me comes from that £0.05 off-peak rate. The only other supplier who can currently match it is Utility Warehouse, so I decided to jump ship and grab a 12 month fix with UW for peace of mind. I wasn't sure how long UW would continue to offer the £0.05 off peak rate, so I decided to grab it whilst I could.
    The UW peak cost is £0.34 and their s/c charge is higher than TE, but because of my battery storage, I don't need to dip into the £0.34 peak rate except on very exceptional days. To get the 12M fix with UW I had to take out a SIM with them as well. The SIM isn't the cheapest, but in my opinion worth doing to secure the 12M fix at £0.05.
  • Just had my November bill,( 1st to 30th November) 

    I haven't had my October yet! I expect at some point they will ketchup.
    Let's Be Careful Out There
  • lohr500 said:
    jadex said:
    lohr500 said:

    I switched away from them in early November because personally I don't think they have a sustainable business. I wanted to leave at a time of my choosing rather than risk ending up being forced moved to a supplier of last resort. 
    surely you can then switch away from that "supplier of last resort" to your preferred one? 
    You can, but as others have mentioned it can take time.
    Taking the EDF current SVT of £0.23 as an example, every day I would be stuck on a supplier of last resort's standard tariff would cost me around £9 more than the TE prices.

    The key saving for me comes from that £0.05 off-peak rate. The only other supplier who can currently match it is Utility Warehouse, so I decided to jump ship and grab a 12 month fix with UW for peace of mind. I wasn't sure how long UW would continue to offer the £0.05 off peak rate, so I decided to grab it whilst I could.
    The UW peak cost is £0.34 and their s/c charge is higher than TE, but because of my battery storage, I don't need to dip into the £0.34 peak rate except on very exceptional days. To get the 12M fix with UW I had to take out a SIM with them as well. The SIM isn't the cheapest, but in my opinion worth doing to secure the 12M fix at £0.05.
    Are you using 50kWh per day?
  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 4 December 2024 at 10:14PM
    Just had my November bill,( 1st to 30th November)
    I haven't had my October yet! I expect at some point they will ketchup.
    Might need a good shake-up first.... Coat
  • lohr500
    lohr500 Posts: 1,355 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    Are you using 50kWh per day?
    I am afraid so :'(  . +/- 18,000kWh p.a.
    We have a very hungry 30 Amp electric AGA which works like a large storage heater. It reheats overnight on cheap off-peak electricity.
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