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Cheapest Electricity - Share Energy

  • 04-06-2025 03:41PM
    #1
    Registered Users, Registered Users 2 Posts: 3


    Just a reminder to check what you're paying for electric. Also, check your parents for them as well. Mine were paying 36p a unit and I've just switched them to get it at 25p a unit. Huge saving.

    Right now, the cheapest electric price is from Share Energy. But I've listed each company's cheapest rate here so you can compare. I've a referral for Share Energy at the bottom of this post so if you're thinking of switching to the cheapest electric, you also get a bit free if you use my code.

    Mods: I checked the rules and couldn't see anything about referrals, so if referrals aren't allowed, feel free to remove the links but maybe the info in the post is useful.

    Direct Debit:

    Company

    Unit Price (kWh)

    Standing Charge (per day)

    Share Energy

    25.290p

    13.33p

    Click

    26.024p

    9.873p

    Budget Energy

    26.193p

    14.553p

    SSE

    27.330p

    None

    Power NI

    29.060p

    None

    Electric Ireland

    36.54p

    None

    Keypad:

    Company

    Unit Price (kWh)

    Standing Charge (per day)

    Share Energy

    25.290p

    13.33p

    Click

    26.024p

    12.363p

    Budget Energy

    27.216p

    9.975p

    Power NI

    30.14p

    None

    SSE

    30.650p

    None

    Electric Ireland

    36.54p

    None

    Full price info at the consumer council website

    A lot of people don't switch because they're worried about the hassle, like my parents. It took me several goes at convincing them to switch but they did and saved quite a bit. It just involves giving the new company your meter number / address and they do the rest. Switch is usually completed in 2 weeks and it's just a change of billing provider. You get the same electric and usually don't need anyone to come to your house.

    I am currently with Share energy who have the cheapest rate. I can fully recommend them for the following reasons:

    • I rang them with a question and got straight through with no queue, and they were very helpful.
    • They also don't lock you into a contract. If you don't like them, or find a cheaper price elsewhere, you are free to leave at any time. Other companies usually lock you into a 1 year+ deal.
    • They promise to share profits 50/50 with their customers. This hasn't happened yet as they are quite new, but it is something to look forward to.
    • They also have a referral scheme that gives £15 to you for each person you refer. The person you refer also gets £15 free electric.

    If you have any questions, or need a hand in switching company, I'm happy to help - just DM me here or reply to this post.

    If you're tempted to switch to Share Energy, would you mind using my code at the bottom of this post and we both get £15 free electric.

    Hope this post helped convince at least some people to switch and save money.

    Join Share Energy (with referral) : https://share-energy.com/join-us?referral=CUS823UETCRIV



Comments

  • Registered Users, Registered Users 2 Posts: 1,248 ✭✭✭gussieg


    it looks like the crowd with no standing charge is the better deal. Standing charge counts for 2 to 3 hundred a year



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