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Cost of living

Stretching your budget? Share tips and advice to discuss budgeting and energy saving here. For the latest deals and discounts, sign up for Mumsnet Moneysaver emails.

Found out I could save £313 on gas/electric per year!

14 replies

isitsnowingyet · 06/02/2015 14:20

Not sure if I entirely believe this, but it has to be good news - right? We're with eon for both anyway, and this is a different tariff with eon also. It's called Fixed 1 year v15 paperless bill - not direct debit. It's available until Feb 10th.

I found it by messing around on the gocompare site. I feel so naive that I haven't been aware of this stuff until now.

We are v. short of cash this year so everything helps and I thought this fact might help someone else, although I'm sure most mumsnetters are clued up better than me.

My other revelation this week was buying lots of Smart price products from Asda (instead of usual brands). Saved at least £35 on weekly shop bill. Haven't yet tasted anything and thought 'that it was inedible' - so onwards and upwards Smile!

OP posts:
Bexicles · 06/02/2015 14:31

Thank you! I have just switched to it, looks like I'll save £15 a month. Smile

isitsnowingyet · 06/02/2015 14:34

Great - that's made me feel like I've done one useful thing today!

OP posts:
AuntHilda · 07/02/2015 19:17

Thanks for the tip - you've saved me £25 a month Smile

ssd · 07/02/2015 19:38

how easy is it to switch then?

ssd · 07/02/2015 19:43

I found sainsburys energy even cheaper?

specialsubject · 07/02/2015 20:23

you won't necessarily save as much as you think. The comparison sites calculate savings by assuming that after your fix ends you go on to the variable tariff of the supplier - the most expensive one. Most people obviously wouldn't do this.

all that matters is unit prices and the standing charges. Knock up a small spreadsheet and do the sums to find your actual savings.

charges vary by area, by payment method and whether you have dual fuel.

Cindy34 · 08/02/2015 13:54

Switching is easy these days, the companies agree the date to change and you read the meter.

I find it is the standing charge that needs looking at, some tariffs have it higher than others.

Having a spreadsheet of your usage helps, as you can see over a time period of how many units you typically use. Winter in my case if higher than Summer as only have electric heating.

starfish4 · 10/02/2015 11:25

Work out exactly how many gas and electric units you're used in the last year, then calculate how much it would cost on the old and new tariff, so you're sure of your facts. You can then phone up eon and ask them to confirm you're right.

Cindy34 · 11/02/2015 23:34

Moneybox Live today (Wednesday) is worth a listen, as they talk about the comparison sites and about switching if you have a smart meter.

ereed · 06/04/2015 08:47

This reply has been deleted

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Oodear · 06/04/2015 09:28

I've just done similar on Scottish power through the online thing, our direct debit was wildly different to our use as well which made the difference more dramatic when they calculated our surplus in. Saved £90 a month.

I'm usually v good on these things but power was in dh name , transferred over now though!

mrsdavidbowie · 10/04/2015 14:25

According to money supermarket I could save upto £824...
Have just taken over the bills so will be looking into this.

Allofaflumble · 11/04/2015 08:59

I switched once and never again! It turned into a complete saga and I ended up paying £70 to get out of the contract.

I will stay where I am with EDF.

Fluffycloudland77 · 11/04/2015 12:03

We switch every year.

The cashback this year clears most of my winter deficit.

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