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Cheaper energy

gadget88
gadget88 Posts: 613 Forumite
Tenth Anniversary 100 Posts Name Dropper Combo Breaker
I have utility warehouse and in credit no exit fees been offered £20 a month cheaper over £200 a year is it better to switch as I get emails saying there’s better deals on energy now?

Comments

  • molerat
    molerat Posts: 34,715 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    As long as those prices are comparing the costs of your actual consumption on the different tariffs then it my be a good idea to switch.  What are the standing charges and unit costs on each ? 
  • gadget88
    gadget88 Posts: 613 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    It says

    Unit rate per kWh
    21.370p
    5.720p
    Standing charge per day
    44.813p
    15.030p



  • gadget88
    gadget88 Posts: 613 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    Fuse energy on a 13 month deal 
  • Mark_d
    Mark_d Posts: 2,501 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I wouldn't switch because (1) Fuse have not earned a good reputation and (2) they charge exit fees.  I want complete freedom to change supplier whenever I find a cheaper deal.
  • gadget88
    gadget88 Posts: 613 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    Mark_d said:
    I wouldn't switch because (1) Fuse have not earned a good reputation and (2) they charge exit fees.  I want complete freedom to change supplier whenever I find a cheaper deal.
    Cool I think most charge exit fees sadly 
  • gadget88
    gadget88 Posts: 613 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    Some reviews say that company demand £100’s upfront as a prepayment so maybe not a good company maybe others will put prices down soon other ones isn’t a huge saving yet only around £50 a year. 
  • Brie
    Brie Posts: 14,939 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Would you lose any savings on anything else you might have with UW?
    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • tlcgrantham
    tlcgrantham Posts: 684 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    gadget88 said:
    Some reviews say that company demand £100’s upfront as a prepayment so maybe not a good company maybe others will put prices down soon other ones isn’t a huge saving yet only around £50 a year. 
    I have just joined Fuse on their 13month v3. They have not asked for any money upfront. It may be because of something on some customers credit file.    One mentioned an arrangement he had to clear debts with his current supplier.   
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