Switching Electricity Supplier
Discussion
According to Uswitch, we should be able to save about 20/25% by changing provider to EON from Scottish Power.
Does this seem right and is there a catch?
Maybe I'm being overly suspicious but I thought most suppliers would end up costing pretty much the same.
We don't have piped gas in the lane, so can't do any joint deals etc.
Does this seem right and is there a catch?
Maybe I'm being overly suspicious but I thought most suppliers would end up costing pretty much the same.
We don't have piped gas in the lane, so can't do any joint deals etc.
I'm with scotish power.
What they do is create a plan, lets call it online energy saver 5 - which is indeed good value. You switch and all is well, then you notice online energy saver 7 comes out with better rates and you notice your existing rate isn't very competive any longer. Bit like the brand new customers only advert.
I pinged them a mail - never got a response - but a couple of months later they swapped me onto #7 - but no doubt there is a new one out that's probably better.
So what they seem to do is bring out new price plans - rather than reduce your costs as their costs go down. (of course the opposite isn't true)
What they do is create a plan, lets call it online energy saver 5 - which is indeed good value. You switch and all is well, then you notice online energy saver 7 comes out with better rates and you notice your existing rate isn't very competive any longer. Bit like the brand new customers only advert.
I pinged them a mail - never got a response - but a couple of months later they swapped me onto #7 - but no doubt there is a new one out that's probably better.
So what they seem to do is bring out new price plans - rather than reduce your costs as their costs go down. (of course the opposite isn't true)
When did you last swap.
These companies - like insurance etc etc - are all after your money. They reward new custom and not loyalty.
If you haven't swapped in a long while you are probably on some old rip off deal. And doing a monthly DD payment saves more money off standard prices.
They won't come to you with deals - you need to find them and stay one step ahead.
Also regular recorded meter readings will be your friend to getting accurate bills.
These companies - like insurance etc etc - are all after your money. They reward new custom and not loyalty.
If you haven't swapped in a long while you are probably on some old rip off deal. And doing a monthly DD payment saves more money off standard prices.
They won't come to you with deals - you need to find them and stay one step ahead.
Also regular recorded meter readings will be your friend to getting accurate bills.
ClassicMercs said:
When did you last swap.
These companies - like insurance etc etc - are all after your money. They reward new custom and not loyalty.
If you haven't swapped in a long while you are probably on some old rip off deal. And doing a monthly DD payment saves more money off standard prices.
They won't come to you with deals - you need to find them and stay one step ahead.
Also regular recorded meter readings will be your friend to getting accurate bills.
This is so true!These companies - like insurance etc etc - are all after your money. They reward new custom and not loyalty.
If you haven't swapped in a long while you are probably on some old rip off deal. And doing a monthly DD payment saves more money off standard prices.
They won't come to you with deals - you need to find them and stay one step ahead.
Also regular recorded meter readings will be your friend to getting accurate bills.
ClassicMercs said:
When did you last swap.
These companies - like insurance etc etc - are all after your money. They reward new custom and not loyalty.
If you haven't swapped in a long while you are probably on some old rip off deal. And doing a monthly DD payment saves more money off standard prices.
They won't come to you with deals - you need to find them and stay one step ahead.
Also regular recorded meter readings will be your friend to getting accurate bills.
Well effectivley I swapped with out swapping - as I said, they put me onto online energy save 7 about 9 months ago.These companies - like insurance etc etc - are all after your money. They reward new custom and not loyalty.
If you haven't swapped in a long while you are probably on some old rip off deal. And doing a monthly DD payment saves more money off standard prices.
They won't come to you with deals - you need to find them and stay one step ahead.
Also regular recorded meter readings will be your friend to getting accurate bills.
I tend to monitor my consumption pretty closely actually - in fact here's my LIVE consumption.
Pitty the software I use is full of bugs - and the guy who wrote it a fellow PH'er !
Edited by eliot on Thursday 8th July 07:23
eliot said:
I tend to monitor my consumption pretty closely actually - in fact here's my LIVE consumption.
And I thought I was sad with my daily spreadsheet - but to do a chart like this - get your anorak !Well done though for monitoring - you start to realise how little things effect the final bill. I'm on EDF and when you get to see 'consumption last qtr' and 'consumption a year ago' on your bills you can really see how you can save a fortune on use - let alone being on a good tariff.
Make sure you check your current cost per unit, I was going to change from Npower today to the EON one of the 'Uswitch' website. It told me I would save £421 per year, but when I actually looked at the 'cost per unit' and calculated it against the last 6 months usage it would of worked out slightly more expensive, not much in it but not worth the hassle of changing
spdpug98 said:
Make sure you check your current cost per unit, I was going to change from Npower today to the EON one of the 'Uswitch' website. It told me I would save £421 per year, but when I actually looked at the 'cost per unit' and calculated it against the last 6 months usage it would of worked out slightly more expensive, not much in it but not worth the hassle of changing
A cynic might suggest that Uswitch (et al) would "steer" people towards whichever company is paying the best referals.. Gassing Station | Homes, Gardens and DIY | Top of Page | What's New | My Stuff