Electricity prices

Sep 08, 2019 Last reply: 6 years ago 52 Replies

What are you currently paying for a unit of electricity?



I don't get a hard on about switching and saving £2 per week but paying OVO 17.5p per kwh which seems excessive.


elec 13.97p/kWh and 13.87p/day gas 3.07p/kWh and 11.55p/day

(all inc VAT) Utility Point, fixed for 18 months, no exit fees

EDF "Deemed Standard" 18.49p/kWh with standing charge 24.95p/day.

Symbio 'Sunshine Saver August 19':

11.705p/kWh and standing charge 17p/day, fixed for 12 months until Aug 2020.

Theo

Presume they don't bother with comparison sites? also they don't seem to do dual fuel.

You have to tick the 'show all providers' box, otherwise comparison sites only show the suppliers that provide kickbacks.

It's often cheaper to go to separate suppliers, rather than dual fuel.

Theo

Its not just the unit rate but also any daily standing charge

My rate Daily standing charge = 16.8p Unit rate = 13.65p

They never show-up on the Martyn Lewis site, which is quite open about who gives them kickbacks

And/or the comparision site can initiate the switch for you. Which may or may not mean the comparison site gets a kickback.

When I was looking to switch the in law the other month gas only suppliers seemed a bit thin on the ground. Also with dual fuel tariffs I looked at the electricity price from a agiven supplier for electricity only or dual fuel was the same.

Lecky only Utilty Point inc VAT:

12.0265p/kWHr 11.02395p/day fixed but ends in 20 days ish...

Might be worth the OP looking at Bulb and using my "refer a friend" link:

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As both they and I get £50 credited to our repective accounts. (That's a lowercase L). £50 is enough make the effective p/kWhr some what lower than that quoted on the tariff.

10.95 per kWh variable and 11.02 per day with Utility Point (not on all comparison sites).

There are vast differences of course... At first sight EDF might seem expensive, but..

265 units @ 24.55p = £65.06 255 units @ 4.54p = £11.58

Basically, in the Summer I lose due to the high cost of day units, but the cheap night units during the winter gains me a lot as I am single fuel.

I'm sure they deliberately all make the tariffs so complex as to make it impossible to compare like with like. The other constraint I have is that many companies SAY they will do plain text email billing and really send a reader out to read it foor the blind but fail miserably, while EDF do seem to do as they say they will.

After all, All the electricity comes from the same generators down the same wires, so its the admin and of course profit you pay for. I do feel some only pay lip service to being disabled friendly as their admin is so poorly funded. Brian

I've been very happy with Bulb and have been resisting posting a referral link for them, but someone else has done it so here's mine:

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If you follow that link for a quote we both get £50 if you decide to move to Bulb. The basic Bulb tariff is 13.64p/kWh, but you can choose a 3-level overnight (8.58p), off-peak (12.5p), peak (31.58p) tariff if you have a SMETS2 meter. I had one fitted recently so am wondering whether to change tariff.

What are the hours, can they change them when they feel like it?

Sorry I blinked first. B-)

Hum, that really is starting to make finding the "best deal" rather more complicated. You need to know your useage profile in relation to when those rates apply, which gets even more complicated if the time periods for each rate vary.

Have you been happy with Symbio as a supplier? They do look quite cheap and my contract is due for renewal, so thank you for the info.

Switch hasn't fully gone through yet, so not enough experience to comment at present.

Theo

23:00-07:00 = overnight 07:00-16:00 = off-peak 16:00-19:00 = peak 19:00-23:00 = off-peak

The periods are fixed (see my other reply).

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