Cheap Energy Club confusion - help!

adm519
adm519 Posts: 1 Newbie
I'm confused by quotes I get on Cheap Energy Club - it's not clear to me whether the quoted savings take into account early exit fees? I assume they do as the quote engine knows exactly what supplier & tariff I'm on and therefore knows it's a £100 exit fee as this is before the free period 49 days before my tariff ends. Otherwise all the quoted savings which are sub £90/yr are also less than the exit fee. Which would mean all quotes in my case are currently useless! Can someone confirm please? 

In general I feel more detail on most of the deals would help to fully expose the offer *before* hitting the button to transfer me to the supplier portal where I'm sometimes required to invest time on a repeat of entering all details...

Thanks in advance.


Comments

  • mac.d
    mac.d Posts: 1,382 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 5 April at 5:10PM
    Exit fees aren't included in the 'savings'. If you have exit fees of £100, then as you have said, all the quoted savings of £90 aren't worth it for you to switch.

    It does say in a box at the top of the page on the results page of the MSE cheap energy club:

         "Below we compare other tariffs to your current fix's rate.
    • Switch now though and you'll likely have to pay early exit fees (click 'show details' above) - though it may be waived if you switch to your existing firm.
    • You can't be charged exit penalties within 49 days of your fix ending."
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