Can anyone advise which company provides the best deal for the small
householder when supplying both gas and electricity?
I hear Amerada'a online service was cheap, but now they've been taken
over by Powergen so prices may well rise...
I think that another factor in all of this is the monthly budget plan
which the energy suppliers and BT like to promote.
I quite like to have an even payment over the course of the year.
The suppliers like to arrange things wih the level of the payment such
that at the end of the accounting period, there is a surplus which is
carried forward. Of course, this amounts to lending them money,
which I don't like to do.
Therefore, in the first year I arranged that the monthly payments met
approx. 80-90% of the actual cost. The supplier's proposal was then
that I should pay the shortfall and then increase the monthly payment
such that over the year it covered 120% of use.
I declined their generous offer and put it to them that if they
insisted, I would pay the shortfall and immediately switch suppliers.
My counter proposal was to take the cost for the past year, add the
shortfall to it and divide by 15 to arrive at the monthly payment.
They then suggested dividing by 12 instead so that assuming the same
use in the following year, there would be a zero balance.
I pointed out that I might use less energy and would then again be
lending them money. We settled on dividing by 14.
This has worked quite effectively for three years and I always end up
with a shortfall which is carried forward and paid for in the
following year, amortised over the entire year.
Competition is a surprisingly effective negotiating tool.
To email, substitute .nospam with .gl
It is, if you can manage to speak to someone in the company who
actually cares whether you stay or go elsewhere. Obviously you did...
Thank you for your thoughts on this, and to David for his helpful
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