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

The fixed rate part of the flogas deal was very clear and posters here seemed happy so I assume everyone understood that, it’s only €50 to leave anyway if the rate drop by massive amounts

The fixed rate was the attraction, it's widely reported that any price drops will be modest, so locking in a rate for a year gives stability. They could actually go up before the year is up too.

Why would it put you off? It's still the best 24hr rate out there for new customers and a brilliant night rate on the D/N plan, I can't see any more decreases being announced before the October budget, the energy companies will be laughing if credit is handed out again.

Because I think the other rates will go cheaper-simples. Could be wrong I know!

If rates drop below 30c by enough of a margin to cover the 50 euro fee just move, simples…

Nothing close to the Flogas 29.99c offer as far as I can see. Unfortunately I missed out on that and with Waterpower not taking on new customers until the end of September, the best 24hr rates out there I think are :

SSE airtricity 38.6c /kwh with standing charge €240.97

Flogas 37.99c/kwh with standing charge €302.92

All above including VAT.

With my usage SSE Airtricity is cheaper overall so I'm going with them.

If anyone knows of a better deal feel free to enlighten me !

Why not wait until the end of the month and go with Waterpower (or Flogas of it makes a return once more)? It'll cost you a little in September, but it's surely better than signing up for these rates for 12 months.

Have you managed to actually getting €30 out of a supplier? I've had issues with both EI & Airtricity in the past I did get the €30 from EI but nothing from Airtricity. Getting it out of EI wasn't exactly straight forward either.

Over to you BGE ya laggards.

SSE Airtricity latest energy firm to cut prices (rte.ie)

BG only offering us 15% off standard gas and electricity to stay with them.

I'm really confused by all of the prices out there, clearly not as savvy as others on the thread. Contract is up in less than 2 weeks and I'd love to get a new contract sorted by then, at a good rate.

The current standard rate is 48.24 inc VAT. if I have the math correct, take 12% off that and it brings it down to 42.45... then take 20% off that and it's just shy of 34... that's inc vat. There's no mention on the site of the new rate though...

In December 2021 their 24hr rate was 23c/kWh. Today that same 24 hour rate is 42c/kWh. A 12% discount puts it at 33.6c/kWh in a months time so it is really an increase of 46%

Interesting how all our suppliers seem to be dropping prices on the exact same date, November 1st, and most raised their prices in the past on the same date. Is this a symptom of competition in our market or a lack thereof?

12% is more generous than the rest to be completely fair though

Annoyingly the media are lapping it up, heard the EI drop described as 'slashed' prices by one. No, 10% off a rip off price is still a rip off lads. And only effective from November, 2 months away as opposed to increases which only get 1 months notice.

Ah FB, the reason the decent Flogas deals got pulled! That FB poster must be a real sleuth to rival Columbo to discover such a well hidden fact that was literally plastered all over their offer.

What makes you think it wouldn't be fixed from increases? That's litterally the definition of fixed rate and was a major plus for me.

Apart from a few lucky BGE renewals, the others still have a long way to go before even coming close to the 29c. And as I've said plenty of times here before, if someone does beat it significantly enough to warrant a switch, the €50 termination fee will be €50 well spent. I jumped shipped with days left on a contract to ensure I got the 29c rate and the €50 was saved back on the first bill.

So there are two things happening. Standard prices falling and discounts increasing.

For example with SSE Airtricity, they announced this morning they are reducing their prices by approx 10% next month.

But earlier in the week they announced their discount is increasing to 20% (So effectively 30% off the previously very bad rate)

There is a lot happening this week where companies are all reacting to each other and lots of pressure (Albeit very late) politically. I would let the dust settle so we have a clear picture of rates. Bord Gais are yet to release anything.

This. No point jumping on one company when not all of the energy companies have shown their hand yet. Only when there is full information can anyone make a fully informed choice.

I'm stuck on a 30 day 24hr tariff until my smart meter is up and running, and the clock doesn't start til next week when the install happens, so by the time my time comes to choose it'll be October 16th or so.