Electricity Providers

Thank you all for taking the time to post, I do appreciate it.

Kate1949, I have to deal with energy suppliers, motor insurance and buildings & contents etc, Mr P never has to worry his pretty little head about such things! (Stick that in your pipe and smoke it, Grandad1943!)

M0nica a lot of suppliers will give you a discount for paying monthly. Personally I have put as many things as possible (car tax, insurance, council tax, water etc) on monthly payments as I find it easier to plan the finances that way.

I’m with Octopus. Green tariff so 100% renewables. My payments have gone down each of the two years I’ve been with them. I don’t know if it’s the cheapest, but certainly one of them.

Good customer service. Easy to read and understand online bills.

Oh heavens, please don't let be seen as misandry!

I've just changed to Octopus and really like the way they tell you whether you are currently using more or less of your projected usage. I send them my meter reading each month and they say whether or not I should consider raising my monthly payment or not. No sudden doubling of the monthly payment, I set the amount and can even make a one off payment if it looks as though it's getting too far away from me. So far so good.

I use Money Saving Expert’s service and have done for years. I have never received any calls.

Currently I’m with Tonik but have no loyalty. As soon as MSE suggest a better deal I will switch.
I pay way less than my neighbours yet my house is warmer. I have never bothered to ask about their level of consumption.

Tonik email me asking for meter readings. Bill is sent by return email just for information only. I pay by direct debit based on last year’s consumption and if payments get way out of kilter with actual bills I get a refund or my direct debit is increased. Their website gives detailed information of my bills and is easy to use.

I highly recommend both MSE and Tonik.

The cheapest aren’t always the best. I value customer service and look for the greenest option.

M0nica. Your belief that “the variation in price is very little” is not my experience. Try MSE out of interest and see what other companies are offering. I know that paying by direct debit monthly is usually a great money saver.

Esspee If all the reductions in price I was told I would see year on year when I used comparison sites regularly had actually happened, the energy suppliers would now be paying me to use their fuel, not me paying them.

Each year I was told I could reduce my bills by £2-300. Of course, I never did. So I decided to investgate what was being compared with what to produce these figures.

What I discovered was that the comparison is based on the assumption that the customer's current special tarriff has run out and that they are now on the higher 'standard variable rate', which for most people is not correct because most of us have the sense to sort out our new tarriff before the old one expires and that even if we do end up on the SVR for a few days or a week or two, we have not been on it for the year, so it doesn't represent what we are currently paying.

After realising this and that all the hassle of changing suppliers never ended in me paying any less for my power, I settled for one supplier and just make sure that as one years tarriff contract finishes I sign up for the new current lowest tarriff. No wasted days spent slaving over a hot computer. A couple of clicks and it is sorted. I have spoken to people since who understand the figures more than I do and mostly they do the same as I do.

In France, if we go on line we can get a table of suppliers with all their rates compare on a standardised basis, so it is crystal clear exactly what each one is charging for standing charges and per unit. Mind you the French do that for so many things it makes life so much easier.

I do look at the comparison sites whenever our deals come to an end, to check the rates and standing charges - it only takes minutes and I’ve never had a single call following that, thank goodness. Four of the big six energy companies I would never even consider because of my horrendous experience with them when at work. We’re with Shell for energy at the moment, and Plusnet for wifi. They’ve competitive rates, straightforward websites and good customer service. We renewed with both this year as they each offered us a better deal without us having to contact them. I’m sure Octopus are fine, but the way they dole out £50 incentives to customers bringing in more business puts me off and must skew their ratings.

I forgot to add that Shell's electricity is 100% renewable.

Bulb

I’m sure Octopus are fine, but the way they dole out £50 incentives to customers bringing in more business puts me off

Don't knock it until you've tried it! When I moved house, I said that I wanted to stay with Bulb at my new address. Bulb recognised that as a "recommendation" and they added £50 to my account, just for recommending myself to them. Then they added another £50 to my new account as a "welcome to Bulb" thank you. When my OH moved from British Gas to Bulb, he got £50 added to his account and so did I because I'd recommended them. £150 credit on your energy account is worth having!

Hello again,

Had a look at the MSE sire, but I only seem to be able to find suggestions of the monthly amount, whereas what I need to do a comparison is the unit charge and daily standing charge rate.

Why are these things always so damn difficult?

Because the energy companies make it difficult for a reason phoenix?

I think you're right, Greeneyedgirl!