| Comment | Generally speaking, one of the big companies is always cheaper than the others at any given point in time - they take a temporary loss to recruit customers, then hike their prices and one of the others then takes over being the cheap one.
So yes you gain from switching in the short term, but only really gain in the long term if you continually switch.
Personally I only noticed significant savings when I got a smart meter and switched to a time-of-use tariff with Octopus - as I don't usually get home until 7pm, and the peak pricing is 4pm-7pm, I've found I'm saving quite a lot. |
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