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  • FIRST POST
    • bmthmark
    • By bmthmark 11th Jul 18, 9:35 AM
    • 250Posts
    • 237Thanks
    bmthmark
    Help please
    • #1
    • 11th Jul 18, 9:35 AM
    Help please 11th Jul 18 at 9:35 AM
    Hi

    I am currently with Scottish Power and have been with them for many years.
    I've been on a fixed rate and this ends this month.
    They are trying to tempt me to sign up for another month, but i think we are paying too much.

    I have a smart meter but i'm not worried if this does not work.

    Would people advise me to switch providers? if so how do I do this? Also who is a good provider to go with?

    Sorry about all the questions.

    Thanks

    Mark
Page 1
    • Quentin
    • By Quentin 11th Jul 18, 9:41 AM
    • 37,274 Posts
    • 21,436 Thanks
    Quentin
    • #2
    • 11th Jul 18, 9:41 AM
    • #2
    • 11th Jul 18, 9:41 AM
    Use the MSE cheap energy club to find the cheapest alternative


    You will almost certainly see you are overpaying with SP!!
    • bmthmark
    • By bmthmark 11th Jul 18, 9:57 AM
    • 250 Posts
    • 237 Thanks
    bmthmark
    • #3
    • 11th Jul 18, 9:57 AM
    • #3
    • 11th Jul 18, 9:57 AM
    Thanks Quentin I will look at the MSE comparison
    • bmthmark
    • By bmthmark 11th Jul 18, 10:00 AM
    • 250 Posts
    • 237 Thanks
    bmthmark
    • #4
    • 11th Jul 18, 10:00 AM
    • #4
    • 11th Jul 18, 10:00 AM
    Sorry one other question. I've seen a good deal in the comparison list called 'Super Saver July 2019' but this is from Scottish Power. This deal saves me 30 a month!
    If I go for that deal would Scottish Power just amend my existing account?

    Thanks
    • Hengus
    • By Hengus 11th Jul 18, 10:15 AM
    • 6,140 Posts
    • 3,930 Thanks
    Hengus
    • #5
    • 11th Jul 18, 10:15 AM
    • #5
    • 11th Jul 18, 10:15 AM
    Sorry one other question. I've seen a good deal in the comparison list called 'Super Saver July 2019' but this is from Scottish Power. This deal saves me 30 a month!
    If I go for that deal would Scottish Power just amend my existing account?

    Thanks
    Originally posted by bmthmark
    Beware of any quoted savings if you are on a fixed term contract with less than 12 months to run. It is possible under Ofgem regulations for suppliers to claim a saving when the new tariff will cost you more. Use MSE Cheap Energy Club's 'cost on present tariff for 12 months' compared to 'cost of these tariffs for 12 months'.

    I am just about to move into a new build property with Scottish Power and even their fixed term tariffs are very expensive.
    • macman
    • By macman 11th Jul 18, 10:59 AM
    • 42,677 Posts
    • 17,952 Thanks
    macman
    • #6
    • 11th Jul 18, 10:59 AM
    • #6
    • 11th Jul 18, 10:59 AM
    What matters is the annual cost, not the quoted monthly DD level. It takes 2 minutes to do a comp site check: all your need is your postcode, and annual kWh usage.
    No free lunch, and no free laptop
    • WhoIsThat
    • By WhoIsThat 11th Jul 18, 1:45 PM
    • 113 Posts
    • 39 Thanks
    WhoIsThat
    • #7
    • 11th Jul 18, 1:45 PM
    • #7
    • 11th Jul 18, 1:45 PM
    Hi

    I am currently with Scottish Power and have been with them for many years.
    I've been on a fixed rate and this ends this month.
    They are trying to tempt me to sign up for another month, but i think we are paying too much.

    I have a smart meter but i'm not worried if this does not work.

    Would people advise me to switch providers? if so how do I do this? Also who is a good provider to go with?

    Sorry about all the questions.

    Thanks

    Mark
    Originally posted by bmthmark
    https://www.moneysavingexpert.com/utilities/you-switch-gas-electricity
    • bmthmark
    • By bmthmark 12th Jul 18, 8:42 AM
    • 250 Posts
    • 237 Thanks
    bmthmark
    • #8
    • 12th Jul 18, 8:42 AM
    • #8
    • 12th Jul 18, 8:42 AM
    Beware of any quoted savings if you are on a fixed term contract with less than 12 months to run. It is possible under Ofgem regulations for suppliers to claim a saving when the new tariff will cost you more. Use MSE Cheap Energy Club's 'cost on present tariff for 12 months' compared to 'cost of these tariffs for 12 months'.

    I am just about to move into a new build property with Scottish Power and even their fixed term tariffs are very expensive.
    Originally posted by Hengus
    Thanks for the response.

    Sorry could you explain as I don't quite understand. I'm currently on Saver July 2018, this ends 31st July.
    I used MSE Cheap Energy Club's and the July 2019 super saver appeared. Is it possible that this may not give me a saving?
    • Robin9
    • By Robin9 12th Jul 18, 8:51 AM
    • 3,066 Posts
    • 2,014 Thanks
    Robin9
    • #9
    • 12th Jul 18, 8:51 AM
    • #9
    • 12th Jul 18, 8:51 AM
    Electricity costs have risen - whatever supplier/tariff you choose through a comparison site will result in you paying more in the next 12 months.
    Never pay on an estimated bill
    • elsien
    • By elsien 12th Jul 18, 9:03 AM
    • 17,127 Posts
    • 43,186 Thanks
    elsien
    Thanks for the response.

    Sorry could you explain as I don't quite understand. I'm currently on Saver July 2018, this ends 31st July.
    I used MSE Cheap Energy Club's and the July 2019 super saver appeared. Is it possible that this may not give me a saving?
    Originally posted by bmthmark
    How are you doing the comparison?
    It will be more accurate if you check your bills and put in the amount of energy you actually used over the last year, rather than the estimates for your size house or your current monthly direct debit.
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
    • bmthmark
    • By bmthmark 12th Jul 18, 9:09 AM
    • 250 Posts
    • 237 Thanks
    bmthmark
    How are you doing the comparison?
    It will be more accurate if you check your bills and put in the amount of energy you actually used over the last year, rather than the estimates for your size house or your current monthly direct debit.
    Originally posted by elsien
    Thanks - I did find out my yearly usage and entered this in to the website.

    I was just a bit confused with what Hengus said "Beware of any quoted savings if you are on a fixed term contract with less than 12 months to run. It is possible under Ofgem regulations for suppliers to claim a saving when the new tariff will cost you more"
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