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Energy: Find the cheapest supplier & earn cashback
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Depends on the supplier. I know from experience that Avro Energy don't observe that, and even argue that their interpretation of the license agreement doesn't say they have to. BG did when I left them, but that was a few years back.I believe that if you've started the switch before your old tariff ends, you may be entitled to keep paying the old rates until the switch has been completed.I’m a Forum Ambassador and I support the Forum Team on the In My Home MoneySaving, Energy and Techie Stuff 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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We saved over £150 using CEC last year, it’s amazing0
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Who are CEC?Thank you for reading this message.0
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Never pay on an estimated bill. Always read and understand your bill0
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CEC = Cheap Energy Club
ie the comparison site on this forum
It works well - recommended. The £25 dual fuel cashback can be beaten (Quidco + moneysupermarket gives £35 for the same range of deals) but Quidco frequently fails to pay out.
Interestingly, the excellent and very competitive EDF 2 year fix referred to a few posts above can only be found on the CEC and Moneysupermarket websites.0 -
Just looking to see if Quidco can beat the CEC cashback...I can't see that.
It also doesn't offer the new top pick tariff "Energy Plus Protection Green Sep 2020v2" so Quidco just matches CEC currently.
I haven't checked MoneySuperMarket yet.0 -
Don't touch Quidco, they don't pay out. They kept stringing me along for six months, promising me my cashback from National Tyres and Autocare was being processed, only to reject it without saying why.0
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I feel the same about MyTopcashback.Don't touch Quidco, they don't pay out.
This year I've cut my energy usage by as much as I can through (relatively expensive, but permanent) energy-saving measures so the next thing to look at is the standing charge. Is there any means of comparing the standing charges for each tariff?
I've had the email through from MSE Martin that I could now be saving on the tariff, but the top "savings" are from newbie companies. The only one that is worth considering saves me £61 pa based on last years higher usage, but I expect this year's to be much lower. Would you swap for that, or is it worth hanging on? (I've just got £30 cashback from my last switch which in effect kept me paying the same as last year in the face of rising charges).Value-for-money-for-me-puhleeze!
"No man is worth, crawling on the earth"- adapted from Bob Crewe and Bob Gaudio
Hope is not a strategy
...A child is for life, not just 18 years....Don't get me started on the NHS, because you won't win...I love chaz-ing!0 -
Hi,
Sorry, this may be a bit off-topic here, but I'm really confused about the fixed tariffs that cheap energy club is showing me.
I'm currently with SSE on a fixed tariff (dual fuel) but somehow I never pay the same amount, during the winter months it's been a lot more. So why do they call it a fixed thing? What's the difference from the variable tariffs?
The comparison calculator is showing me quite good savings if i would switch to EDF or British Gas, but how do I know that the fixed tariff shown there is going to be it? I mean, how do I know I don't end up paying a lot more than that in winter?
In all fairness, the comparison calculator does say "approximately" this amount per month ... anyway, could someone enlighten me, please?
Many many thanks.0 -
A common misunderstanding with "fixed" tariffs is that people think they will pay a fixed amount regardless of their usage. Fixed means the rate - standing charge and cost per kWh of energy used - is fixed for the duration of the contract. Your predicted usage is based on the annual usage you supply the supplier when you take out the contract, possibly via a comparison site. So, if you used say 3,000kWh of electricity and 15,000kWh of gas in the last 12 months, and the new supplier is informed of that, they will estimate your annual cost on their fixed rate for that usage and set your monthly direct debit at 1/12 of that.Hi,
Sorry, this may be a bit off-topic here, but I'm really confused about the fixed tariffs that cheap energy club is showing me.
I'm currently with SSE on a fixed tariff (dual fuel) but somehow I never pay the same amount, during the winter months it's been a lot more. So why do they call it a fixed thing? What's the difference from the variable tariffs?
The comparison calculator is showing me quite good savings if i would switch to EDF or British Gas, but how do I know that the fixed tariff shown there is going to be it? I mean, how do I know I don't end up paying a lot more than that in winter?
In all fairness, the comparison calculator does say "approximately" this amount per month ... anyway, could someone enlighten me, please?
Many many thanks.
That's the theory anyway. Some suppliers load the winter DD amount because you use much more energy for heating in the winter, then reduce it in summer as your usage is lower. As your actual usage varies from the predicted, that can cause changes to the DD as well.
In the end you will only pay for energy you actually use, but you can easily end up with a credit or debit balance on your account at any time. Always, always, make sure the supplier has your meter readings. If they use estimates for a number of months, you can easily end up owing them a lot of money when they eventually get a reading.
Variable tariffs means the rate charged per kWh will vary, as generation/delivery costs change. So what you pay for 100kWh of electricity now will almost certainly be different in 12 months time.I’m a Forum Ambassador and I support the Forum Team on the In My Home MoneySaving, Energy and Techie Stuff 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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