Switching electric/gas providers (see first post for links)

Yeah thats basically whats happened with Airtricity, I switched to them Monday with the 33% off discount on unit rates and by today they had walloped that out of the park with a 35% increase on electricity.

The cooling off period is 14 days so Im going to bide my time and see which other companies arrive with their price increases next week. I had a missed call from Energia today so they want my business back. I might even re-sign with them but then surf another 14 day cooling period and see the state of the market then. Whatever happens one thing is for certain, we're getting reamed.

Because they can

I agreed a new contract with Bord Gais for electricity about a month ago. During the week I received an email from them claiming that they made a mistake in their rates - the rate they gave me they say was wrong. They have now put me on a new much higher rate that I would never have agreed to. I have a screenshot of the rate I agreed to and signed up to. I have complained and am awaiting a response. What are my options? Surely they have to agree to the rate I signed up to? They made the mistake so why should should consumers have to suffer? They have given me €30 credit to apologise! I reckon this won’t cover a month of the new rate.. advise be grateful

Need to switch. Being really lazy about this.

Thought airtricity was green energy or something.

What a joke.

The whole switching every 12 months thing is like a circus, but we clowns have to participate. Bullshit to be a"loyal" customers.

I don't drive much and have had 2 second hand cheap cars between me and my partner over our lives. Fly very rarely. I've done my green bit.

Being loyal, green, prudent is a joke here. Best to burn baby burn and get lots of cheap credit.

The entire system is based on bad debts.

Double whammy for me, got the same rate error email from BGE after signing in June. Corrected rates are exhorbitant and when I complained they released the contract term on me as electricity contracts are variable rate contracts (to be honest it would have paid to pay the €50 break fee but feck them making any more money off me).

Switched to SSE during the week who were only about 1c more in the difference of BGE "incorrect rates" and now those SSE rates are going to be as bad as the correct BGE ones!

At this stage, Electric Ireland's 24-hr smart tariff is far cheaper overall compared to the mad day and peak rates of BGE or SSE without the hassle of having to shift usage around to night hours (joined up thinking there) and my hope is EI hiked rates recently so although I suspect another hike it won't be to the same extent as BGE or SSE.

Holding off reverting to a day/night meter as supposedly they are starting to migrate day/night meters onto smart meters shortly - wait and see how that pans out as smart to day/night is free but apparently going back to smart again is not...

I'm a month or so in with Airtricity so I'm outside of the cooling off period. Given the rises should I consider sucking up the exit fee and go somewhere cheaper? Obviously other companies will increase too but I'd hope not as much.

The date you initiate the switch.

There have been five separate SSE price increases since January 2021. These are the previous four

Why would anybody opt for a Smart Plan given the unit prices quoted at the link below:

https://www.sseairtricity.com/news/sse-airtricity-announces-price-change-in-response-to-sustained-increases-in-wholesale-energy-costs-26aug2022/

I found the same re smart meters, the old meter plans are better unless you do a lot at night eg EV charging.

I note on bonkers that after SSE increase, they're not a lot more than bge which is cheapest at mo

You should hold tight on Airtricity until the week before the actual 35% increase comes in to effect (October 1st). By that point all the other companies will have put up their prices too and you can see if there are any better deals about. Then do the maths on your annual usage and figure out if paying the 50 euro contract exit fee is worth it to go elsewhere for cheaper unit rates. If you're an above average user it likely will be with the only caveat being that we could see another round of price increases in January or at least that is what they are predicting will happen in the UK.

It will be interesting to see whether EI offer you anything other than their standard 5.5% discount. Keep us informed.

My energy supplier advised me to stay on 24 hour . Smart meter does have cheaper units from midnight to around 7am. But nobody in our house is going to stay up all night to use washer , dryer , dishwasher , boil kettles , cook in the oven .

So smart meter is useless to us and mainly used only for automatic meter readings .