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Energy club using new or existing prices?

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briley
briley Posts: 42 Forumite
Part of the Furniture 10 Posts Combo Breaker
The Energy club used to say that they did not know what companies were going to charge with the new price rise in April - but that message has now disapeared.

Are the prices now being quoted the prices that will start on 1st April or do I have to factor in the 6.5% rise?

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  • QrizB
    QrizB Posts: 18,296 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 15 March at 10:29AM
    briley said:
    Are the prices now being quoted the prices that will start on 1st April or do I have to factor in the 6.5% rise?
    The main thing that might be wrong is what the Cheap Energy Club calculates your current prices (on your existing supplier) are, if your existing supplier hasn't yet published it's prices for April. But if the Club says you're going to save money by switching, you'll almost certainly save money.
    If you use the Club to switch to a fixed rate deal, you get that fixed rate. It won't change in April.
    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. 34 MWh 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!
  • Patr100
    Patr100 Posts: 2,781 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    My EDF Essentials 1Yr Apr25 is coming  to an end, but Energy Club is wrong when they say I won't pay more for my electricity so Energy Club certainly hasn't factored in the EDF increase as detailed in their email to me today :




    Energy Club today:




  • briley
    briley Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Yes, figures at the moment seem to be wrong, or at least difficulty to understand, and do not seem to take into account the next price rise. I also have the EDF 1yr April 2025 tariff and it seems changing to a fix elsewhere makes no difference, but things might change in the future. Having no exit fee seems a very good idea at the moment.
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