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    • RichardCUK
    • By RichardCUK 10th Feb 18, 2:27 PM
    • 16Posts
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    RichardCUK
    Looking To Switch Energy Providers
    • #1
    • 10th Feb 18, 2:27 PM
    Looking To Switch Energy Providers 10th Feb 18 at 2:27 PM
    I'm currently with Robin Hood Energy and my fix term is ending on Feb 23rd. Once this ends we will go on a different tariff and also has exit fees of 30 per fuel. I'm also looking to leave as during our year with them they switched us to variable payments even though we wanted to pay a set amount each month by direct debit and they cant update their system on time and they NEVER take a pay on the same day each month, some months not taking payment at all and then taking 2 payments in once month.

    That being said I've looked at a few supplies and I'm comparing day rates and standing charges and these seem to be the best I've found:


    RHE GAS Rate: 3.1532 Gas Stand: 22.848 Elec Rate: 13.9974 Elec Stand:19.9815
    OCTOPUS GAS Rate: 2.8035 Gas Stand: 17.85 Elec Rate: 12.789 Elec Stand:17.85 NO EXIT FEE
    BULB GAS Rate: 2.497 Gas Stand: 24.56 Elec Rate: 12.354 Elec Stand:24.56 NO EXIT FEE
    AVRO GAS Rate: 2.756 Gas Stand: 18.9 Elec Rate: 11.55 Elec Stand:17.85 NO EXIT FEE

    RHE is my current provider at the top.

    Now which is better to have a lower day rate or a lower KWPH rate?

    To me it looks like Octopus may be the cheapest? I've been reading up about them on the forums and they seem like a reliable new company.

    Any suggestions would be greatly appreciated.

    I've signed up to the MSE Cheaper Energy Club but cant see the 14M Octopus deal people are talking about
Page 1
    • ASavvyBuyer
    • By ASavvyBuyer 10th Feb 18, 3:05 PM
    • 737 Posts
    • 1,857 Thanks
    ASavvyBuyer
    • #2
    • 10th Feb 18, 3:05 PM
    • #2
    • 10th Feb 18, 3:05 PM
    I think the 14M Octopus deal is no longer available. It expired a day or two ago.

    To find the best deal for you, you need to know how much gas & electric you will use in the next year, in kWh.

    Best to get this from two meter readings a year apart to give the best estimate.

    Let a comparison site work out from that actual figure what should be the best deal.

    Then, see if you can use a referral link to get cashback, and take the cashback value off the total cost.

    For example, for us Outfox the Market comes out the cheapest for our Electric, but when you use a referral link for Octopus, it changes and the Octopus deal is the best value when you include the 50 cashback (and even better the potential to get even more cashback if others use your link).

    Take a look at the Referrals Board for referral links.
    Last edited by ASavvyBuyer; 10-02-2018 at 3:11 PM. Reason: typo
    • ASavvyBuyer
    • By ASavvyBuyer 10th Feb 18, 3:10 PM
    • 737 Posts
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    ASavvyBuyer
    • #3
    • 10th Feb 18, 3:10 PM
    • #3
    • 10th Feb 18, 3:10 PM
    It can also work out cheaper to use two different suppliers.

    One for Gas & one for Electric to get the best overall cost.

    For example, we use Zog for Gas and are changing to Octopus for Electric.

    Both companies have excellent reviews and Customer Service ratings.
    • RichardCUK
    • By RichardCUK 10th Feb 18, 4:11 PM
    • 16 Posts
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    RichardCUK
    • #4
    • 10th Feb 18, 4:11 PM
    • #4
    • 10th Feb 18, 4:11 PM
    OK. So I jsut went through my old statements and I am one month off a years worth of usage so I guessed what we would use for that last month to get annual kwph usage.

    We use about 17211 for gas (high I know, our house is solid brick and a nightmare to heat, need to have it on all the time or else we get mould on the walls, but thats another issue).
    For elec we used 1422. Again could be lower but we use our tumble dryer a lot.

    With those figures I went on uswitch and saw that we can save 193 a year by switching to octopus. We could save 224 with OVO but they have a 30 per fuel charge is we leave early. Which we probably wouldnt do as we used them before and didnt have a problem.

    Looking at OVO's price break down they are cheaper on the unit rate but higher on the standard charge. How does it work out I can save so much? When I look at Octopus they have lower unit rates and standing charges but uswitch says I'll save less. How?
    • JJ Egan
    • By JJ Egan 10th Feb 18, 4:14 PM
    • 10,373 Posts
    • 4,341 Thanks
    JJ Egan
    • #5
    • 10th Feb 18, 4:14 PM
    • #5
    • 10th Feb 18, 4:14 PM
    Check the actual costs rather than estimated annual usage or direct debit .
    Unit costs and standing charges .
    • RichardCUK
    • By RichardCUK 10th Feb 18, 4:37 PM
    • 16 Posts
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    RichardCUK
    • #6
    • 10th Feb 18, 4:37 PM
    • #6
    • 10th Feb 18, 4:37 PM
    My annual cost is based on what I used last year so I figured that would be pretty accurate?

    We pay monthly of bill of receipt and I put usage down as what I used for the last 11 months (guessed the 12th month)
    • ASavvyBuyer
    • By ASavvyBuyer 10th Feb 18, 4:40 PM
    • 737 Posts
    • 1,857 Thanks
    ASavvyBuyer
    • #7
    • 10th Feb 18, 4:40 PM
    • #7
    • 10th Feb 18, 4:40 PM
    OK. So I jsut went through my old statements and I am one month off a years worth of usage so I guessed what we would use for that last month to get annual kwph usage.

    We use about 17211 for gas (high I know, our house is solid brick and a nightmare to heat, need to have it on all the time or else we get mould on the walls, but thats another issue).
    For elec we used 1422. Again could be lower but we use our tumble dryer a lot.

    With those figures I went on uswitch and saw that we can save 193 a year by switching to octopus. We could save 224 with OVO but they have a 30 per fuel charge is we leave early. Which we probably wouldnt do as we used them before and didnt have a problem.

    Looking at OVO's price break down they are cheaper on the unit rate but higher on the standard charge. How does it work out I can save so much? When I look at Octopus they have lower unit rates and standing charges but uswitch says I'll save less. How?
    Originally posted by RichardCUK
    The savings figures are usually totally useless for doing a comparison.

    Most of them are based on what you could save compared to the most expensive tariff.

    What you need to compare is the actual total cost of each utility.

    That figure of 1422kWh for electric over a year seems very low. We have Solar PV, but still import over 2,000kWh per year.

    Also, don't forget to factor in the cashback you can get if you use a referral link. Comparison sites won't factor that in to the overall cost.
    Rhondda Cynon Taf, 4kWp, W roof, 30 pitch, 16 x 8.33 Eternity 250w E+10 panels, Solar Edge SE4000-16A Inverter + P300 Optimisers & REUK Diverter
    + Toshiba RAS-10G2KVP-E Ultra High Efficiency Air Conditioner/Heat Pump
    • RichardCUK
    • By RichardCUK 10th Feb 18, 6:17 PM
    • 16 Posts
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    RichardCUK
    • #8
    • 10th Feb 18, 6:17 PM
    • #8
    • 10th Feb 18, 6:17 PM
    I did total my electricity wrong it comes out at 2600.

    What is the actual cost? How much I'd pay a month?
    • RichardCUK
    • By RichardCUK 10th Feb 18, 6:23 PM
    • 16 Posts
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    RichardCUK
    • #9
    • 10th Feb 18, 6:23 PM
    • #9
    • 10th Feb 18, 6:23 PM
    I thoughts because I'm putting in actual usage readings for the last 12 months or 17211 for gas and 2600 for elec, when I put them on a comparison website I get an accurate quote of how much it will cost a month in to use that much fuel?
    • ASavvyBuyer
    • By ASavvyBuyer 10th Feb 18, 6:33 PM
    • 737 Posts
    • 1,857 Thanks
    ASavvyBuyer
    I did total my electricity wrong it comes out at 2600.

    What is the actual cost? How much I'd pay a month?
    Originally posted by RichardCUK
    Using the electric unit costs you mentioned earlier for Octopus Energy that works out as follows:

    2600 x 12.789p = 332.51
    365 x 17.85p = 65.15
    Annual Total = 397.66
    Referral Cashback = minus 50 (at least)
    Total Annual Cost = 347.66 (but would probably be less if anyone uses the referral link you get)
    • RichardCUK
    • By RichardCUK 10th Feb 18, 7:00 PM
    • 16 Posts
    • 0 Thanks
    RichardCUK
    Ahh I get it now. Doing those calculations it would be cheaper for me to have gas and elec with Ocotopus but about 100 more expensive with OVO. Plus I get 50 cashback and I'm pretty sure I could get my dad and brother to switch as they are also with robin hood energy
    • ASavvyBuyer
    • By ASavvyBuyer 10th Feb 18, 7:12 PM
    • 737 Posts
    • 1,857 Thanks
    ASavvyBuyer
    Ahh I get it now. Doing those calculations it would be cheaper for me to have gas and elec with Ocotopus but about 100 more expensive with OVO. Plus I get 50 cashback and I'm pretty sure I could get my dad and brother to switch as they are also with robin hood energy
    Originally posted by RichardCUK
    Yes, that's right.

    The relative we helped to switch to Octopus has already got the potential of enough referral cashback to cover her whole electric bill for the next year
    Rhondda Cynon Taf, 4kWp, W roof, 30 pitch, 16 x 8.33 Eternity 250w E+10 panels, Solar Edge SE4000-16A Inverter + P300 Optimisers & REUK Diverter
    + Toshiba RAS-10G2KVP-E Ultra High Efficiency Air Conditioner/Heat Pump
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