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EDF No Exit Fee Fixes

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13

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  • northernstar007
    northernstar007 Posts: 1,026 Forumite
    500 Posts Fourth Anniversary Name Dropper
    Can anyone advise whether I should switch to this EDF Simply Fixed Direct Aug26v2 or stick with my current Octopus tariff?

    Current Octupus is: Gas - 5.72 unit rate, 29.34 standing charge / Electric - 24.54 unit rate, 55.79 standing charge
    And EDf is: Gas - 5.61 unit rate, 25.58 standing charge / Electric - 25.79 unit rate, 41.17 standing charge

    There's no exit fee and I'd go through TCB too - it seems like a good idea, but any reason to not go for it?   
    the only increase on the new offer from edf is electric per unit is 0.0125p increase but that would be wiped out with lower charges on both gas sc and gas unit charge, also safeguarding yourself any price incrase untill sept 26 and a bonus if any future better deals comes along you have a zero exit fees 
  • wallofbeans
    wallofbeans Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can anyone advise whether I should switch to this EDF Simply Fixed Direct Aug26v2 or stick with my current Octopus tariff?

    Current Octupus is: Gas - 5.72 unit rate, 29.34 standing charge / Electric - 24.54 unit rate, 55.79 standing charge
    And EDf is: Gas - 5.61 unit rate, 25.58 standing charge / Electric - 25.79 unit rate, 41.17 standing charge

    There's no exit fee and I'd go through TCB too - it seems like a good idea, but any reason to not go for it?   
    the only increase on the new offer from edf is electric per unit is 0.0125p increase but that would be wiped out with lower charges on both gas sc and gas unit charge, also safeguarding yourself any price incrase untill sept 26 and a bonus if any future better deals comes along you have a zero exit fees 
    So it's worth going for it - right? It seems so, but I'm worried I am missing something!
  • northernstar007
    northernstar007 Posts: 1,026 Forumite
    500 Posts Fourth Anniversary Name Dropper
    Can anyone advise whether I should switch to this EDF Simply Fixed Direct Aug26v2 or stick with my current Octopus tariff?

    Current Octupus is: Gas - 5.72 unit rate, 29.34 standing charge / Electric - 24.54 unit rate, 55.79 standing charge
    And EDf is: Gas - 5.61 unit rate, 25.58 standing charge / Electric - 25.79 unit rate, 41.17 standing charge

    There's no exit fee and I'd go through TCB too - it seems like a good idea, but any reason to not go for it?   
    the only increase on the new offer from edf is electric per unit is 0.0125p increase but that would be wiped out with lower charges on both gas sc and gas unit charge, also safeguarding yourself any price incrase untill sept 26 and a bonus if any future better deals comes along you have a zero exit fees 
    So it's worth going for it - right? It seems so, but I'm worried I am missing something!
    looking at cheaper bills compared to what your currently on
  • MeteredOut
    MeteredOut Posts: 3,027 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 2 May at 4:06PM
    Can anyone advise whether I should switch to this EDF Simply Fixed Direct Aug26v2 or stick with my current Octopus tariff?

    Current Octupus is: Gas - 5.72 unit rate, 29.34 standing charge / Electric - 24.54 unit rate, 55.79 standing charge
    And EDf is: Gas - 5.61 unit rate, 25.58 standing charge / Electric - 25.79 unit rate, 41.17 standing charge

    There's no exit fee and I'd go through TCB too - it seems like a good idea, but any reason to not go for it?   
    Unit price for EDF Electricity is slightly higher than you're paying with Octopus, so it depends on your split of Gas and Electricity usage. I expect EDF would still win out, given the lower SC and Gas too.

    EDF are often criticised for the poor customer services. If that doesn't bother you, I believe British Gas (who are also renowned for poor customer service) have a good deal via some comparison sites. But, you should plug in your actual usage and make a decision based on that.
  • wallofbeans
    wallofbeans Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Can anyone advise whether I should switch to this EDF Simply Fixed Direct Aug26v2 or stick with my current Octopus tariff?

    Current Octupus is: Gas - 5.72 unit rate, 29.34 standing charge / Electric - 24.54 unit rate, 55.79 standing charge
    And EDf is: Gas - 5.61 unit rate, 25.58 standing charge / Electric - 25.79 unit rate, 41.17 standing charge

    There's no exit fee and I'd go through TCB too - it seems like a good idea, but any reason to not go for it?   
    Unit price for EDF Electricity is slightly higher than you're paying with Octopus, so it depends on your split of Gas and Electricity usage. I expect EDF would still win out, given the lower SC and Gas too.

    EDF are often criticised for the poor customer services. If that doesn't bother you, I believe British Gas (who are also renowned for poor customer service) have a good deal via some comparison sites. But, you should plug in your actual usage and make a decision based on that.
    I used to be with EDF and the customer service was a pain but manageable when needing to to use it..
  • northernstar007
    northernstar007 Posts: 1,026 Forumite
    500 Posts Fourth Anniversary Name Dropper
    another new tariff on edf this morning Simply Fixed Direct May26
    the  prices have been shuffled a little bit, its working out more or less the same as the previous tariff just juggled the figures 
  • MeteredOut
    MeteredOut Posts: 3,027 Forumite
    1,000 Posts Second Anniversary Name Dropper
    another new tariff on edf this morning Simply Fixed Direct May26
    the  prices have been shuffled a little bit, its working out more or less the same as the previous tariff just juggled the figures 
    Both unit rate and SC have increased for my region with that rate compared to the previous fix.

    5.62p per kWh/32.78p per day

    was

    5.48p per kWh/25.925 per day

  • northernstar007
    northernstar007 Posts: 1,026 Forumite
    500 Posts Fourth Anniversary Name Dropper
    but electric price has decreased to cover the higher gas, swings and roundabouts
  • MeteredOut
    MeteredOut Posts: 3,027 Forumite
    1,000 Posts Second Anniversary Name Dropper
    but electric price has decreased to cover the higher gas, swings and roundabouts
    I'm only with EDF for gas (pretty much imprisoned there due to an ongoing dispute and them not fully implementing the Energy Ombudsman's decision). I'm with Octopus for electricity.
  • WibbleBaaaaaa
    WibbleBaaaaaa Posts: 72 Forumite
    10 Posts
    41p lekky sc vs 55p is a no brainer, as i think it is safe to say that over the next 12 months the sc will not drop to anywhere near 40p for the majorirty of the country,  so i would be all over that up here in Glasgow if i could get it.
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