Utilities

Discussion in 'Bulletin Board' started by yarmtyke, Jan 8, 2020.

  1. yar

    yarmtyke Active Member

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    Looking to change electric/gas supply.Any re commendations?
    Cheers
     
  2. TonyTyke

    TonyTyke Well-Known Member

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    Avoid npower ... I can't remember why, just try to avoid them.
     
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  3. pon

    pontyender Well-Known Member

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    I like Bulb's flexibility and the way they do things. They pay your exit fees (within 30 minutes of sending them the final bill from my old supplier), you can set your own payment amount and get paid for referring new customers. The link is in my signature if you fancy having a look and doing a quote.
     
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  4. Donny Red

    Donny Red Well-Known Member

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    I've had an e-mail from my supplier nPower informing me that they've now been " acquired" by E.ON.
    Read that the latter are keen to expand their Domestic market share. Might be worth getting a
    quote from them. All suppliers pay the same for their electricity and gas and are subject to the "pass
    through costs" of each network provider ( regulated via OFGEM).

    The price difference between suppliers is in " the cost to serve". That is fine whilst everything is running
    normally, but most small independents would struggle in a real crisis and could well invoke " force majeure"
    similar to what Independent Energy did some years ago before they were bailed out by Innogy ( an arm of
    nPower.)
     
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  5. tyk

    tyke69 Well-Known Member

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    I’m currently with bulb never had a problem with them, was with ovo
     
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  6. Che

    Chef Tyke Well-Known Member

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    I’ve just moved from sse to igloo which is saving me £100 a month for electric

    they seem really good so far
     
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  7. Dar

    Darfield138 Well-Known Member

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    White rose energy. A joint venture with Leeds and Nottingham city councils. Calibrated to make a small profit to help those in fuel poverty, you need to live in Yorks/Notts area though. My bills are 30% cheaper than they were a decade ago. Otherwise beware of false promises based on underestimating your bill then re-adjusting after a prize hike when they feel like reading your meter. I previously sued scottish power for this and won. B@5tards couldn't even calculate my true bill when ordered to by the judge
     
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  8. Donny Red

    Donny Red Well-Known Member

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    What is happening in your case Darfield is that Leeds and Nottingham are taking a commission from a generator of
    electricity and a gas shipper to enable them ( the generator/ shipper) to supply you. The latter are also taking a commission.
    Do you know who that supplier is.?
     
    Last edited: Jan 8, 2020
  9. Donny Red

    Donny Red Well-Known Member

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  10. Donny Red

    Donny Red Well-Known Member

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  11. Dar

    Darfield138 Well-Known Member

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    That is the way the market is set up though. I'm saving money and know any profit made from me is going to help the less well off.
     
  12. Donny Red

    Donny Red Well-Known Member

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    Leeds/Notts City Councils ( White Rose Energy) are not OFGEM registered Suppliers, so who is supplying your electricity and gas.? Who would you contact if you had a problem with your contract/bill.?
     
  13. scarf

    scarf Well-Known Member

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    Look on Money Saving Expert, join their Cheap Energy Club and input your details. They'll show you the best deals.
    They'll also notify you when there's a better deal for you to change to.
     
  14. Dar

    Darfield138 Well-Known Member

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    Thank you for your interest in my utility supply. I have phoned them a couple of times. After my last meter read I had a surplus. Phoned them up they did a bank transfer within 48 hours, great customer service. I'm not imagining it, honest
     
  15. Dar

    Darfield138 Well-Known Member

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    It was MSE who put me into white rose, been with em two years now, still cheapest.
     
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  16. Donny Red

    Donny Red Well-Known Member

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    Where I worked I was the Category Manager for Energy and ran a £350 million per annum business
    trading every day in the Wholesale Industrial and Commercial markets.


    As I've already said, every single supplier pays its shipper the same price for the utility and the network/ pass
    through cost/ renewable obligations / taxes etc are the same for all suppliers. The saving offered by any supplier comes
    through the reduction in its cost to serve viz: it's back office administration charges.

    For example, a small independent might only have a handful of employees, whereas nPower have around four major cost centres and employ circa four thousand admin/billing/ metering personnel. If you are making a saving and you are pleased with the service that you are getting fair play to you.

    Please don't think I am attempting to be critical. What I'm trying to do, is understand how the market(s) have
    changed since I retired.
     
  17. pon

    pontyender Well-Known Member

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    It's registered under Robin Hood Energy on that list of yours.
     
  18. Donny Red

    Donny Red Well-Known Member

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    Cheers Ponty. Be interested to know if they are supplied by E.ON who are a major generator/ shipper
    and have a very strong presence in the Midlands.
     
  19. pon

    pontyender Well-Known Member

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    They are buying directly from the grid with no third-party involvement.
     
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  20. Dar

    Darfield138 Well-Known Member

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    Ahh right. I get that now. My thought is that legislation opened up all the supply chains to smaller companies to encourage competition. The initial iteration of privatisation had created an oligopoly (effectively an unintentional cartel) that wasnt producing genuine competition. Possibly also why I'm more pre-disposed to favouring the little guy. In any event, broken down by area there are only about ten companies that control the network, like Northern powergrid etc. Much like the railways there is a good debate to be had as to whether it should remain a free market as it isnt really a free market. Eg. I think Northern rail are rubbish but I cant use scotrail to commute to work in manchester from west yorkshire, I'm stuck with who operates the local franchise.
     
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