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  • FIRST POST
    • MSE Archna
    • By MSE Archna 26th Oct 05, 3:12 PM
    • 1,874Posts
    • 6,140Thanks
    MSE Archna
    Gas & Electricity plus Cashback/MoneySavingExpert.com Discussion
    • #1
    • 26th Oct 05, 3:12 PM
    Gas & Electricity plus Cashback/MoneySavingExpert.com Discussion 26th Oct 05 at 3:12 PM

    This thread is specifically to discuss the content of the

    Gas & Electricity plus Cashback

    To discuss or ask a question about this article: click reply



    See the old thread here.

    Note from Martin

    Comparing the Comparison Services: If you are discussing the comparison services themselves as opposed to just moneysaving on gas & electricity bills then click here to discuss it instead.

    Utility Warehouse (Telecom Plus): Due to various abuses of the board in the past there is a separate discussion relating to Utility Warehouse (Telecom Plus) gas & electricity, please do not discuss it here, but instead go to this special UW area.
    Last edited by Former MSE Andrea; 18-03-2006 at 3:30 PM.
Page 1
  • Dinah_Gale
    • #2
    • 26th Oct 05, 3:55 PM
    updated gas & electricity article - 25/10/05
    • #2
    • 26th Oct 05, 3:55 PM
    Does the update mean that it's now safe to switch, do you know? I've been watching out for advice from Martin on this having heeded his advice to 'wait until you hear from me'.. Have received the new pricing from Scottish Power and wonder if all the providers have now published their prices.
    • MSE Martin
    • By MSE Martin 26th Oct 05, 5:42 PM
    • 8,116 Posts
    • 42,310 Thanks
    MSE Martin
    • #3
    • 26th Oct 05, 5:42 PM
    • #3
    • 26th Oct 05, 5:42 PM
    There's a special email going out tomorrow on this which will explain all - but basically - yes its time to switch!
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.

    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.

    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
  • Father To Be
    • #4
    • 26th Oct 05, 8:36 PM
    Scottish Power -Price cap Costs 2.5 per month
    • #4
    • 26th Oct 05, 8:36 PM
    Scottish Power want to cap their prices until 2007, but they want to charge me 2.50 a month to do it.

    Is this worth paying up for or just switching to another provider once the prices have increased.

    I just don't know what to do, and I will hate paying the 2.50.

    Cheers
    Bob
  • Dinah_Gale
    • #5
    • 27th Oct 05, 8:17 AM
    the big energy switch....
    • #5
    • 27th Oct 05, 8:17 AM
    Thank you Martin. I'll await your mail, however have meanwhile had a look at energy savers (can't remember the exact name) tables and see from those that British Gas would give me the biggest savings here in S Devon.. Considering the huge increase in their prices this autumn I wonder if these tables are bang up to date?

    Any, I'll wait to see your mail . Thank you for this brilliant service Martin - you're a star!
    • TheDink
    • By TheDink 27th Oct 05, 2:09 PM
    • 442 Posts
    • 9,133 Thanks
    TheDink
    • #6
    • 27th Oct 05, 2:09 PM
    • #6
    • 27th Oct 05, 2:09 PM
    Thanks Martin. I was waiting for the "right time" notification.

    The energyhelpline cashback site pays 12.50 per individual switch if you switch to different providers for gas and electricity, so hopefully some savings by moving from Powergen Energyonline to LondonEnergy for gas, and British Gas for electricity, plus 25 in the bank!
    • mechy
    • By mechy 28th Oct 05, 12:18 AM
    • 250 Posts
    • 11 Thanks
    mechy
    • #7
    • 28th Oct 05, 12:18 AM
    Capped prices or not?
    • #7
    • 28th Oct 05, 12:18 AM
    Like everyone else, I recieved my notification from Martin, to look at changing your power user. Is the best way to go, capping or the present cheaper option of picking the biggest saving.
    Also, am I the only one trying to fathom out the details of my combined gas & electric bill. I'm presently with Powergen, and have a combined bill, paid by DD. In the comparison questioneer, it asks for KWh or how much do pay anually. So I get all the bills out for perousal, after a lot of head scratching, I decide i cant work out the KWh, cause half way thru the year (looking from present to last year) the KWh reading dissappears to be replaced by units??
    So I have just used the comparitor by using my 56 combined bill payement, halfing it and adding the 28 to the electricity & gas comparitor. Hoping this will give me a fair comparison for me. For the record Atlantic Enegy comes out the best with a 60/yr saving. All critisism gladly recieved :rolleyes:
  • Nosnarc
    • #8
    • 28th Oct 05, 10:34 AM
    This is (probably) a silly question
    • #8
    • 28th Oct 05, 10:34 AM
    :confused:

    Now that it's a good idea to switch - and having checked it looks like it - what happens to any outstanding balance on my acount with my current provider? Do I need to pay off the balance.

    I told you it was a silly question (I would still like a reply if possible, please)

    Cheerio

    DC


  • bwtj
    • #9
    • 28th Oct 05, 10:39 AM
    • #9
    • 28th Oct 05, 10:39 AM
    Like Father To Be I don't know whether to go with what Scottish Power are offering for capped rate until October 2007- does the premium you pay make sense it terms of likely future price hikes? Any advice most welcome :confused:
  • A penny saved
    Price Freeze tariffs
    Thanks for your advice on this and other matters. Before I change my supplier, could you please advise whether the price freezes are worthwhile.
    Many thanks
    A Penny saved
  • rayman
    I was waiting for the right time to switch too and thanks for your advice here, but you can make double the saving.

    By doing a comparison through one of the "specialist" sites [like USwitch] I found that British Gas [surprisingly!] actually comes up near the top of the cheapest suppliers now they've ALL upped their prices. Capped prices too.

    Even better, by signing up through QuidCo instead of through the 12 - 12.50 you quoted as the top two, I'll receive 25 for choosing dual fuel with BG. Otherwise, it's 15 for either or each. A bigger saving by using the cashback site route for me, as I've now done this.

    Oh and the price freeze options. They're okay but if you change supplier again before a certain amount of time [I think it's within a year], they'll charge you a small fee [20 in BG's case].

    I was with Powergen by the way and they were low down on the list, especially for electricity!

    Now it's wait until the next price rise war before I change again.
    Treat everyday as your last one on earth! and one day you will be right.
    • Gambler
    • By Gambler 28th Oct 05, 6:31 PM
    • 3,185 Posts
    • 355 Thanks
    Gambler
    Finally decided to go with London Energy. A strange thing happens with simplyswitch though. When you get a quote by going direct to their website it includes London Energy but when you go via Matin's cashback link it excludes London Energy.!??!?!
    • beverleyt
    • By beverleyt 28th Oct 05, 6:33 PM
    • 69 Posts
    • 18 Thanks
    beverleyt
    I am quite new to MSE and was looking at changing providers now the email has gone out. I've looked at my bill but can't understand how many KWh I use so went by price per month so hopefully it is still accurate. I was told to change from Powergen to Atlantic but it says Atlantic has standing charges whereas Powergen don't but what exactly are standing charges?
    • jem16
    • By jem16 28th Oct 05, 6:36 PM
    • 18,737 Posts
    • 11,595 Thanks
    jem16
    Finally decided to go with London Energy. A strange thing happens with simplyswitch though. When you get a quote by going direct to their website it includes London Energy but when you go via Matin's cashback link it excludes London Energy.!??!?!
    by Gambler
    Ah that's the difference!

    When I tried simply switch first time it was through a google search - it included London Energy.

    2nd time I went through Martin's link with the 15 cashback and London Energy Online had disappeared completely.
    • Gambler
    • By Gambler 28th Oct 05, 6:39 PM
    • 3,185 Posts
    • 355 Thanks
    Gambler
    Just re-reading the article Jem and it says it only offers cashback if it can initiate the switch, otherwise it can't cut you in.

    Ah well it's only 2.50

    and finally we've moved !!!
    • Victors_Bruvver
    • By Victors_Bruvver 28th Oct 05, 7:00 PM
    • 382 Posts
    • 63 Thanks
    Victors_Bruvver
    energyhelpline.com
    I have today taken Martin's advice to switch electricity provider. I used the energyhelpline.com website and switched from Powergen to British Gas.

    However, I am a little concerned that energyhelpline.coms confirmation email only states the following, in tiny tiny letters, regarding the 12.50 cashback mentioned the comparison tables;

    "NB. Any special offers will be redeemed or paid once your switch has gone live with your new supplier"

    My worry is that a few months down the line I could simply forget that the 12.50 or the free month of electricity from BG has not been credited to my account and then have to prove that they was a cashback in force when I took out the switch. Call me an old sceptic, but has anyone dealt with these companies to switch their energy provider and get a cashback payment?
    • Gambler
    • By Gambler 28th Oct 05, 7:16 PM
    • 3,185 Posts
    • 355 Thanks
    Gambler
    how long did it take for the email to arrive pls?
    • jem16
    • By jem16 28th Oct 05, 7:18 PM
    • 18,737 Posts
    • 11,595 Thanks
    jem16
    how long did it take for the email to arrive pls?
    by Gambler
    It came immediately.
    • Gambler
    • By Gambler 28th Oct 05, 7:37 PM
    • 3,185 Posts
    • 355 Thanks
    Gambler
    Thanks Jem, mine has not arrived !!

    I don't think somebody wants me to switch. Last time I tried, scottish power had put their capped prices while I was deliberating !!!

    I still wish I had got SP as it least I wouldn't have to worry about it for another 2 years, this is very time consuming !
    • jem16
    • By jem16 28th Oct 05, 7:44 PM
    • 18,737 Posts
    • 11,595 Thanks
    jem16
    Thanks Jem, mine has not arrived !!

    I don't think somebody wants me to switch. Last time I tried, scottish power had put their capped prices while I was deliberating !!!

    I still wish I had got SP as it least I wouldn't have to worry about it for another 2 years, this is very time consuming !
    by Gambler
    Yep I know where you're coming from. I had applied for SP's capped price (at the old prices) and cancelled it when tough_ref told me about Discounted Electricity. When I had so many problems switching to it I really wished I had not cancelled it. However from memory it would have been about 200 dearer than London Energy Online are now offering.

    I only hope I've made the right choice now. :confused:
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