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Is There Too Many Energy Providers To Choose From?

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Quenched | 22:40 Thu 02nd Jan 2025 | ChatterBank
9 Answers

As a customer, it seems a mind field these days trying to choose a new energy provider, as they all promise cheaper energy. 

Yet it seems there are potentially loads of providers claiming to be the best. 

How on earth does anyone make a sensible decision? 

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Nope it's the free market, if there is the business they'll be there to serve it. Are there too many car makers? Toasters? Vacuum cleaners? etc etc. No that's the market.

Look at the cost per unit and the cost of the standing charge. That is the only way to find the cheapest. 

The exit fees are important if you fix, so bear that in mind. 

The difference with toasters of course being I can just go out and buy one, I don't have to jump through all sorts of hoops and make payments on the old one.

You have to concentrate, put your mine to it.

Just rechecked mine - I'm with Octopus fixed for 15 months (no exit fees). Nothing comes up more than a pound or two cheaper per month so not worth switching.

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I just find it exhausting canvassing for the cheapest energy supplier, especially as their all advertising to be the best, when all I want is to turn my heating on without wondering how will I pay the bill. 

I remember my Gran, she used to just grab a chair and stand on it to load about ten fifty pences in the meter, which is just £5 and she said there that should last the week.

Can you imagine £5 lasting a week these days?  Our electric is probably £5 a day.

How times have changed 😳

just use a comp site....

https://www.comparethemarket.com/energy/

 

//Can you imagine £5 lasting a week these days?//

A week's wages was probably £20 back then so today's equivalent would be 1/4 of a week's wages - at least £100!

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