Should I switch?

moneytroll
moneytroll Posts: 224 Forumite
Part of the Furniture 100 Posts Combo Breaker
Uswitch is telling me if I switch from my current provider (Loyal Octopus 14M fixed) to So Energy would save me about £250 a year. Would you do it? I am not sure how accurate these comparison sites are and whether it is actually worth the hassle. Octopus will be fixed for 14 months (and already £300 cheaper than the tariff I had before) and So Energy is fixed for 2 years (with an exit fee of £75 but I don't think I would switch as energy prices arent going cheaper any time soon?) Any thoughts?

Comments

  • MattMattMattUK
    MattMattMattUK Posts: 10,774 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    Uswitch is telling me if I switch from my current provider (Loyal Octopus 14M fixed) to So Energy would save me about £250 a year. Would you do it? I am not sure how accurate these comparison sites are and whether it is actually worth the hassle. Octopus will be fixed for 14 months (and already £300 cheaper than the tariff I had before) and So Energy is fixed for 2 years (with an exit fee of £75 but I don't think I would switch as energy prices arent going cheaper any time soon?) Any thoughts?
    Switching is not really a hassle. Multiple your usage by the rates they offer and you will have your answer. 
  • Ms_Chocaholic
    Ms_Chocaholic Posts: 12,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Compare unit prices and SC charge
    Thrifty Till 50 Then Spend Till the End
    You can please some of the people some of the time, all of the people some of the time, some of the people all of the time but you can never please all of the people all of the time
  • moneytroll
    moneytroll Posts: 224 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Uswitch is telling me if I switch from my current provider (Loyal Octopus 14M fixed) to So Energy would save me about £250 a year. Would you do it? I am not sure how accurate these comparison sites are and whether it is actually worth the hassle. Octopus will be fixed for 14 months (and already £300 cheaper than the tariff I had before) and So Energy is fixed for 2 years (with an exit fee of £75 but I don't think I would switch as energy prices arent going cheaper any time soon?) Any thoughts?
    Switching is not really a hassle. Multiple your usage by the rates they offer and you will have your answer. 
    Thanks - I have done all that. (Uswitch calculates everything for you, annual usage etc) and gives the answer that it will save us around £250 a year to switch. I am asking if people would switch just because it's cheaper or are there other considerations. 
  • QrizB
    QrizB Posts: 16,786 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Uswitch is telling me if I switch from my current provider (Loyal Octopus 14M fixed) to So Energy would save me about £250 a year. Would you do it? I am not sure how accurate these comparison sites are and whether it is actually worth the hassle. Octopus will be fixed for 14 months (and already £300 cheaper than the tariff I had before) and So Energy is fixed for 2 years (with an exit fee of £75 but I don't think I would switch as energy prices arent going cheaper any time soon?) Any thoughts?
    Switching is not really a hassle. Multiple your usage by the rates they offer and you will have your answer. 
    Thanks - I have done all that. (Uswitch calculates everything for you, annual usage etc) and gives the answer that it will save us around £250 a year to switch. I am asking if people would switch just because it's cheaper or are there other considerations. 
    Most of us would switch for a £250 saving.
    Octopus used to have better customer service than So Energy,  but since they've grown to be the UKs biggest supplier their CS has gone somewhat downhill.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 33MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • northernstar007
    northernstar007 Posts: 988 Forumite
    500 Posts Fourth Anniversary Name Dropper
    QrizB said:
    Uswitch is telling me if I switch from my current provider (Loyal Octopus 14M fixed) to So Energy would save me about £250 a year. Would you do it? I am not sure how accurate these comparison sites are and whether it is actually worth the hassle. Octopus will be fixed for 14 months (and already £300 cheaper than the tariff I had before) and So Energy is fixed for 2 years (with an exit fee of £75 but I don't think I would switch as energy prices arent going cheaper any time soon?) Any thoughts?
    Switching is not really a hassle. Multiple your usage by the rates they offer and you will have your answer. 
    Thanks - I have done all that. (Uswitch calculates everything for you, annual usage etc) and gives the answer that it will save us around £250 a year to switch. I am asking if people would switch just because it's cheaper or are there other considerations. 
    Octopus used to have better customer service than So Energy,  but since they've grown to be the UKs biggest supplier their CS has gone somewhat downhill.
    octopus have been excellent with me, had to adjust billing date which was sorted straightaway and also i was running a parent acc when passed away it was refunded and closed account all done in 5 days, excellent service
  • moneytroll
    moneytroll Posts: 224 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    QrizB said:
    Uswitch is telling me if I switch from my current provider (Loyal Octopus 14M fixed) to So Energy would save me about £250 a year. Would you do it? I am not sure how accurate these comparison sites are and whether it is actually worth the hassle. Octopus will be fixed for 14 months (and already £300 cheaper than the tariff I had before) and So Energy is fixed for 2 years (with an exit fee of £75 but I don't think I would switch as energy prices arent going cheaper any time soon?) Any thoughts?
    Switching is not really a hassle. Multiple your usage by the rates they offer and you will have your answer. 
    Thanks - I have done all that. (Uswitch calculates everything for you, annual usage etc) and gives the answer that it will save us around £250 a year to switch. I am asking if people would switch just because it's cheaper or are there other considerations. 
    Most of us would switch for a £250 saving.
    Octopus used to have better customer service than So Energy,  but since they've grown to be the UKs biggest supplier their CS has gone somewhat downhill.
    Thank you. i just hope the Uswitch numbers are in fact accurate. But if price is fixed for two years I don't see why not. Thanks again.
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