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But which, out of NPower and British Gas, offered the better long-term rate? ;-)

Original Poster Supermod

duckmagicuk2;7847706

But which, out of NPower and British Gas, offered the better long-term … But which, out of NPower and British Gas, offered the better long-term rate? ;-)



NPower. Their "Online Signup 17" rate per unit was actually better than British Gas. Then add on the fact that you get a free Energy Monitor (which you dont get with British Gas' lowest tariff
(websaver 6, I think) and an extra £100 cashback (£120 compared to £20) it will work out better to go with NPower.

I did not feel that this warranted a "deal" as personal consumption means that someones tariff will be better than someone elses. It would be situations like this that I feel a cashback section would be ideal.

NPower rates are:

9.440p p kWh for electricity; and
2.537 for gas

British Gas:

Gas - 3.026 per kWh
Electricity - 9.980

I have used the tariff that gives the free EnergySmart which is the monitor. If you choose the other Websaver 6 option (with no monitor) it is still cheaper to go with NPower.

magicjay1986;7847941

NPower. Their "Online Signup 17" rate per unit was actually better than … NPower. Their "Online Signup 17" rate per unit was actually better than British Gas. Then add on the fact that you get a free Energy Monitor (which you dont get with British Gas' lowest tariff (websaver 6, I think) and an extra £100 cashback (£120 compared to £20) it will work out better to go with NPower. I did not feel that this warranted a "deal" as personal consumption means that someones tariff will be better than someone elses. It would be situations like this that I feel a cashback section would be ideal. NPower rates are:9.440p p kWh for electricity; and2.537 for gasBritish Gas:Gas - 3.026 per kWhElectricity - 9.980I have used the tariff that gives the free EnergySmart which is the monitor. If you choose the other Websaver 6 option (with no monitor) it is still cheaper to go with NPower.



That doesn't really address the "Long term rates", just "what they are now".

You also have to factor in whether they charge extra for supply gas/electric via a pre-payment meter, whether they charge extra to fit a pre-payment/credit meter etc etc.

Cashback is good for those who can switch continuously, but the volatile nature of fuel prices would not be taken into account.

Original Poster Supermod

thesaint;7848086

That doesn't really address the "Long term rates", just "what they are … That doesn't really address the "Long term rates", just "what they are now".You also have to factor in whether they charge extra for supply gas/electric via a pre-payment meter, whether they charge extra to fit a pre-payment/credit meter etc etc.Cashback is good for those who can switch continuously, but the volatile nature of fuel prices would not be taken into account.



I have not had to do this too often (actually, this is the first).

Would the rates not have to change by quite a significant amount for the £100 "discount" to be swallowed up? Surely if you were to be a "low energy user" the discount would remain for longer even if one price was upped?

Whilst I appreciate it is not in-line with other providers, this tariff guarantees to be 2% lower than their other standard tariffs.

magicjay1986;7848253

I have not had to do this too often (actually, this is the first). Would … I have not had to do this too often (actually, this is the first). Would the rates not have to change by quite a significant amount for the £100 "discount" to be swallowed up? Surely if you were to be a "low energy user" the discount would remain for longer even if one price was upped? Whilst I appreciate it is not in-line with other providers, this tariff guarantees to be 2% lower than their other standard tariffs.



If you are swapping exactly like for like, then you may be fine.

I was swapping the utilities recently for a flat, and the supplier that had the best rate wanted £50 per meter to go from pre-payment to quarterly bills. This would take a long time to be recouped, so they were not used.

Also, some companies charge for non direct debit payments, standing charges etc etc.
That £100 would not be beneficial long term dependant on usage.

I believe there are sites that may take this into account, and would recomend them over a simple "X offers £100 cashback".

Original Poster Supermod

thesaint;7848590

If you are swapping exactly like for like, then you may be fine.I was … If you are swapping exactly like for like, then you may be fine.I was swapping the utilities recently for a flat, and the supplier that had the best rate wanted £50 per meter to go from pre-payment to quarterly bills. This would take a long time to be recouped, so they were not used.Also, some companies charge for non direct debit payments, standing charges etc etc.That £100 would not be beneficial long term dependant on usage.I believe there are sites that may take this into account, and would recomend them over a simple "X offers £100 cashback".



I see what you mean. It sounds as though the whole personal circumstances are crucial to getting the best deal. As it is with most things.

Anyway, this scenario was only an example of why I think we should have a cashback section for the best cashback deals online. It would then be up to the individual as to whether it is a good deal taking everything in to account.
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