One Big Switch - Energia offer -40 per cent off

cmalone

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One Big Switch have a new offer with Energia - up to 40 per cent of gas and electricity. And a Netatmo smart thermostat free - 329 euro!

Has anyone read it to see how real it is - compared to all the other ‘amazing’ other offers out there.
 

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What are the unit rates?

I recently renewed with Energia.

Elec unit rate = 19.98 cent less 36% discount = 12.79 cent net excl VAT.

Gas = 6.25 less 35% discount = 4.0625 cent excl VAT
 
With this offer
- Electricity looks like 13.20 cents
- Gas 3.81 cents ?
 

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My elec rate is 12.79 + 13.5% VAT = 14.52 cent, so 13.2 cent is very good.

My gas is 4.0625 + 13.5% VAT = 4.61 cent, so 3.81 is very good.

However, my rates exclude a rate cut happening this month or next month.
 
These are the new Energia rates, incl VAT

Elec = 22 cent, I pay 36% less, meaning 14.08, so your 13.20 is very good.

Gas = 6.24 cent, I pay 35% less, meaning 4.056.


I note that the Energia website now lists discounts up to 40% off elec and 39% off gas.
 
the key is "up to.."

A discount could be up to 80% if the initial rate is high

Discount % are a red herring - to be ignored.

The ONLY thing that matters is the cost per unit kWh
 
T&Cs also say:


**To receive the full discounts you are required to pay your bill by Direct Debit, sign up to Energia FixPay and register for Online Billing. Discounts are against Energia Standard Rates as of 1st June 2020. Standing Charges also apply. This offer is available to new Energia customers only. Your tariff discounts will apply for a period of one year from the date Energia is registered as your supplier.
 
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