Has anyone else's electric price shot up? Who's best for comparisons?

[Elderflower14]

Just had an email from NPower to say our fixed price tariff is finishing in September.
We've been paying £40 a month, no gas, oil heating always on target.
When I investigated on their website their cheapest tariff is £50 a month. I rang them up and was offered £49 a month. CTM offered me £42 a month to leave now and go to Eon but I will have to pay £20 to leave NP. I'm thinking I should leave till my tariff is nearly finished to look ? HELP!!

Bump!

Bump!!!!

I've heard good things about Bulb energy, loads of people I know have switched to them, I've not looked into it properly yet,

Unit prices vary dependent on postcode, energy companies are more expensive in some areas than others. So if someone here recommends X company they may not be cheapest in your area. Your best bet is a comparison website, one that lets you input your postcode and ideally your average consumption. If you look at bills or call your current provider you can get your monthly usage. Generally direct debit online billing tariffs are cheapest.

Sign up to Look After My Bills and let them find you a cheaper tariff.

I think there’s a gadget in moneysavingexpert that can find the best tarrif for you.

I’ve switched recently and what I noticed was that a lot of companies have increased their standing charges significantly.

Also, I ended up going with EDF after using uswitch. The tariff I wanted was only available through uswitch (and bizarrely not available through edf). So in a nutshell, deffo use a comparison site.

You can leave 49 days before your tariff ends and they can't charge you an exit fee. That means you can start the process 11 weeks before your tariff ends.

So do a comparison on USwitch or similar and choose your next supplier.

You're best to look at the price per kw/h, I'm with Avro and it's 12.5p with a monthly standing charge of £4.95.

When I did a comparison they were the cheapest by far, I've been with them over 12 months and never had a problem.

Always use a comparison site and your actual or approximate usage (your supplier should tell you your annual usage or you can answer questions about house size, insulation and how many showers you take).

On it's own, £x pm can be misleading if it doesn't match your actual usage and suppliers often set a low initial price to trick you into signing up with them,

I used Uswitch to compare, they said Bulb energy were cheapest in my area so after checking some reviews I switched last year and they have been great. I only pay £34 a month for a three bed, at home with young kids most of the time. They are fully renewable energy too! Not a fixed tariff which could be a downside but there are no exit fees so you can always switch again. If anyone wants my referral code it gives us each £50 credit on our Bulb accounts, mine is https://www.bulb.me/bridgetm5349 Thanks!

I'm worried about going with one of the smaller companies as I have heard a couple went bust 🤯

Have you done a comparison yet? You can worry about smaller companies if they come up cheapest!

Also was with NPower, their price hikes and differences were too much this year and I've left them after 5 years for EDF.

Mines gone down
Toto

That doesn’t sound as bad to me. When we developed a bungalow once by adding a storey our bills went through the roof!

I used uswitch too now I think of it. Changed just before my 12 month fixed term tarriff came to an end from eon to British Gas.

I'm going to try Bulb when our current tariff expires. We're with Green Star - they were cheap for the first year then shot up, even on their cheapest rate.