Energy

Energy

We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Should I switch to Scottish Power's capped Tariff

Posts: 12 Forumite
Part of the Furniture Combo Breaker First Post
Hi, I am brand new to the forum. I have posted this as normally I can get the answer I need via other peoples messages but not this time. I'd be so grateful for any advice

I am looking at whether to switch my dual fuel standard account from EDF to the capped rate with Scottish Power which is guaranteed to 20011. I have checked this is still available and can still be got direct over the phone with SP. As I have only recently moved in and have installed a new boiler I am unsure of my current usage, but as I work away and cook little it is going to be on the low side. I have gas central heating and gas for cooking, live on my own in a 2 bed flat. roughly quarterly bills are £50 for electric & approx £70-80 for gas (inc. VAT)

I have contacted SP and they estimate my bill with them would be £178 per quarter for both gas & electric, though I would pay monthly by dd.

I appreciate no-one knows how high energy bills will rise, if we did the decision is simple, but where I 'm really getting confused is in trying to work out comparisons when companies have different prices for different regions (I live in the Midlands) and tariffs that change to a lower rate at varying levels of usage. I'm useless at maths and this is way beyond me. I have tried the usual comparison switching sites but they are not showing all the capped deals. If it was a straight forward swap to another provider's standard rate I could save a bit going to EBICO but I first want to know whether a capped option is a realistic one as I hear some deals are close to being pulled. HELP!
This discussion has been closed.
Meet your Ambassadors

Welcome!

It looks like you're new here. Sign in or register to get started.

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.