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Should I switch to Scottish Power's capped Tariff
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!
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!
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