What are the best domestic energy offers available now? (February 25, 2018)

February 2018 Collective Offers Are Here

(updated April 2018 – with note about Pure Planet increasing their prices)

We have delayed announcing the winners of our latest collective switch as the best offer only became available this week. (Its the cheapest  2 year fix for monthly direct debit duel fuel on the market … we’ll tell you about it below).

We have also unsuccessfully tried to negotiate something better.

We have exclusive offers from British Gas, EDF and iSupply.

Current state of the domestic market

Nearly all the best offers are from small suppliers who do not make their offers available with a comparison across the market. This is due to the cost approved comparison sites (like ours) charge for helping you to switch directly.

We share the commission we get with you (£10 per fuel switched), but even with this bonus we cannot offer you some of the cheapest deals.

The Big 6 energy suppliers are evil and small suppliers are lovely. Right?

Well unfortunately things are not that simple.  In the last few years lots of new energy suppliers have come onto the market offering some of the best tariffs.  However several of the small suppliers have recently gone bust, the latest being Future Energy (you are protected and Ofgem the energy regulator will ensure you are switched to an alternative), and there is also a problem of customer service.  For example Iresa, who have consistently offered some of the cheapest deals for the last few year is currently under investigation by Ofgem for their customer service practices (See more on Ofgem investigation of Iresa)

Citizens advice provide a useful league table of energy supplier performance and they have recently written about their concerns over small energy suppliers

Also its not just the Big 6 who have overpriced standard variable tariffs.  Good Energy, Economy Energy, Ecotricity, Toto Energy, Ebico, First Utility and Ovo (amongst others also have some really expensive tariffs specially for people who forget to switch.  The Big 6 of British Gas, Scottish power, EDF, nPower and SSE also have some extremely expensive tariffs.

In short, most energy suppliers have expensive tariffs for people who forget to switch.

I don’t need to worry the Prices Cap is here (or coming soon). WRONG

The price cap for vulnerable customers does mean that they are saved from the worst excesses of rip-off prices.  BUT the prices cap tariff is still often £150 – 200 MORE EXPENSIVE than the best tariffs.

February 2018 recommendations

Please read our switching guide AND make sure you have signed up with us before you switch using our calculator (its free).  In general we recommend using Monthly Direct debit and choosing a fixed tariff.

For People who forget to switch every year – choose a 2 year fix

Remembering to switch can be difficult for some people … if this is you then please choose a longer term fixed contract then you will have reasonably cheap energy for a longer

Best 2 year Fix

EDF Simply Fixed Apr20. For an average* user this tariff averages out across the 14 supply regions at £923 per year.   

EDF 2 year fix

You also get £10 per fuel switched as cashback after about 90 days as we share our commission with you.  This money is NOT shown in the calculator.

High Energy User or Green energy fan (over £45 per month electricity only or over £90 month duel fuel)

(April 2018 update) For transparency the below information was written in February 2018 – the links have been removed as the amazon vouchers are no longer available. 

At the end of March 2018 Pure Planet increased their tariffs.  In our opinion this no longer makes it a recommended tariff.

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If you have higher than average energy usage like over 3500 kWh per year electricity or 13500 kWh per year gas then Pure Planet has an attractive tariff. (average is defined by Ofgem as 12000kWh gas and 3100 kWh electricity)

Gas is 2.363p per kWh

Electricity is 11.204p per kWh

These are attractive rates but you need to manage your consumption via a smartphone AND there is a £10 per month fee as a standing charge.  It also DOES NOT OFFER WARM HOME DISCOUNT and IS NOT A FIXED tariff.

You cannot switch to Pure Planet via our calculator.  But this link (link removed) will give you £25 in amazon vouchers and also  give £25 to one of our volunteers who switched to Pure Planet in October.  She has not had a problem with them since her switch.  You can read why she chose Pure Planet here

There is no exit fee to switch away from Pure Planet, so if they hike their prices it will probably be time to switch away.

Pure Planet have 100% renewable electricity and 100% offset gas … so its one of the greenest tariffs out.  For high than average energy users its also one of the cheapest.

Get the Pure Planet offer with this link (link removed) for £25 in amazon vouchers

Average* energy user

The following all qualify for £10 cash back and have support to manage your switch.

Together Energy

Bristol Energy

iSupply Energy

British Gas

Just read our switching guide and enter your details into the calculator and choose the cheapest of these suppliers with a “I want this plan” link.

Given Citizen Advice comments and the recent problems with some of the cheapest suppliers going bust, means we can’t recommend any of the cheaper suppliers.  We have been in touch with 3 of the cheapest suppliers about negotiating a deal for you, but their inability to manage a conversation with us makes us very nervous about recommending any of them.

If you want Boiler cover and a reasonably cheap deal

If you want a year of boiler and controls breakdown cover, then British Gas have an exclusive offer with us for a 1 year fixed deal.

British Gas offer feb 2018

For an average user across the 14 supply regions this averages at £910 per year

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  • Average user calculations are based on Monthly Direct Debit, Paperless billing for 12000kWh gas and 3100 kWh electricity per year and averaged across the 14 supply regions covering England, Scotland and Wales.

 

 

 

 

 

 

Categories: Cheapest energy and Collective Switching.