We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Gas bill increased X 5 (Ebico)
Options
Comments
-
On this deal the unit rate for gas is very similar but the standing charge is much cheaper..
I would urge you to consult a couple of comparison sites to find the best deal(s) for you
e.g Eon currently have a tariff only available from comparisons site.
Fix Online Exclusive v22
You would need to apply for it as a dual fuel tariff, but their gas is less than 3p/kWh and standing charge just over 6p. For your usage that would cost you only about £32 per year. Deduct your £12.50 cashback available from the MSE CEC (other sites are available, and may pay even higher cashback), and you will be better off than you currently are, even if Ebico did not apply minimum annual bill value provisions to their tariff :money:
More info on how to find the best deal(s) for you can be found here:
https://www.moneysavingexpert.com/utilities/you-switch-gas-electricity/
0 -
Kernel_Sanders wrote: »On this deal the unit rate for gas is very similar but the standing charge is much cheaper.
Thanks for the update, but a few matters you may have inadvertently overlooked as you were burning the midnight oil:
1. Have you read the feedback thread for Outfox the Market?
2. The Eon tariff I posted about at the time is no longer available to new applications; they are now up to v25 which is quite different in price.
3. The tariff you are talking about was withdrawn to new applicants before Christmas; they now have a v9 that may be even cheaper for gas as far as unit prices are concerned, but the gas standing charge is more like 11p/day and the electric about 13p/day (based on a random supply region I picked).
4. But both tariffs, whatever version, were only available as either electric only or dual fuel.
So it would be incorrect to only look at gas standing charges.
In the case of the Eon tariff I proposed, it was charging about 6p per day and 16p/kWh for electricity (prices may vary slightly by region)
But as we are talking about extremely low usage, the unit prices are probably not so important as the standing charges. (depending on how much electyricity is used)
The total standing charges for the Eon tariff I proposed would have been about 12p-13p/day
The total standing charges for the tariff you proposed would be similar, if not higher.0 -
Thanks for the update, but a few matters you may have inadvertently overlooked as you were burning the midnight oil:
1. Have you read the feedback thread for Outfox the Market?
2. The Eon tariff I posted about at the time is no longer available to new applications; they are now up to v25 which is quite different in price.
3. The tariff you are talking about was withdrawn to new applicants before Christmas; they now have a v9 that may be even cheaper for gas as far as unit prices are concerned, but the gas standing charge is more like 11p/day and the electric about 13p/day (based on a random supply region I picked).
4. But both tariffs, whatever version, were only available as either electric only or dual fuel.
So it would be incorrect to only look at gas standing charges.
In the case of the Eon tariff I proposed, it was charging about 6p per day and 16p/kWh for electricity (prices may vary slightly by region)
But as we are talking about extremely low usage, the unit prices are probably not so important as the standing charges. (depending on how much electyricity is used)
The total standing charges for the Eon tariff I proposed would have been about 12p-13p/day
The total standing charges for the tariff you proposed would be similar, if not higher.
It's the Economy 7 I am burning, but thanks for the analysis
Regarding 3., the quote was obtained about an hour before I posted it (Citizens advice). I only read the last two pages of outfox reviews and the problems seem mostly to be about excessive direct debiting. This wouldn't actually bother me because I'd be getting 2% cashback on it, and maybe even some compensation. You are correct about having to have dual fuel though, which as you point out compromises the low gas standing charge.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards