Should I switch tariff

NinjasUnite

Hi,
I just looked at my latest bill with EDF and it says I could save £41.10 a year for electricity and £60.81 a year for Gas if I switch to their Simply Fixed Direct Jul26v7 tariff.

The current tariff I’m on is their Ensure Tracker Sep 25 which has a £25 exit fee for both fuels. This tariff has discounted standing charges but is on the price cap. I switched to this tariff just before the October price cap change as it was the cheapest tariff on the market for me up until the April price cap change.

Should I switch? Thanks in advance.

FrugaiMacDugal

There.s usually no exit fee charged if you switch tariff within same provider.

What is your actual annual usage for gas/electric?

What are unit prices and daily standing charges for each?

NinjasUnite

FrugaiMacDugal said:

There.s usually no exit fee charged if you switch tariff within same provider.

What is your actual annual usage for gas/electric?

What are unit prices and daily standing charges for each?

Taken direct from latest bill.

NinjasUnite

Apologies used the wrong information. Electricity rate is 27.143p/kwh and gas is 6.658p/kwh. 

NinjasUnite

Standing charge rate for electricity is 59.697p/ day and gas is 24.793p/day.

bristolleedsfan

There is usually an exit fee for changing between EDF tariffs ( unless gets waived or is a tariff with no exit fees)