Rosemary

Iberdrola are currently going house to house to encourage people to change from monthly to two monthly bills. If you sign up to this they are giving 10% discount until 2014. They are doing this to try to stop people from changing to other suppliers.

Rosemary

Fred James

You will probably find that the discount only applies to the monthly standing charge - not to the units consumed.

Also their fixed prices can probably be changed if the government approves a basic increase.

snikpoh

Actually, the 10% discount is on the contracted potencia (in my case 5.3kw so a discount of about 43cents every month!)

The prices are all FIXED 'till some time in 2014

Rosemary

That much!!!!!! When are you going out to celebrate in style?????

The bloke who called on me said that it was to counteract the fact that Endesa are trying to get people to change over to them by offering 10% discount. I told him that we had been thinking that it was about time that Iberdrola offered their existing customers something for staying with them but I did not tell him that there was no way we would go with Endesa due to everything that people on here say about them.

Rosemary

Fred James

That's what I said. The monthly charge is the potencia charge.

snikpoh

With respect - you said "on monthly charge" and it's not on the rental of the meter. Only on contracted potencia.


But even still, people should not be conned into thinking that it's going to be very much!

What I do think is a good deal, is the freezing of prices for 2 years.

Fred James

If you check the current tariff and the one they will freeze you will find that they are probably not the same. last time I checked the frozen tariff was a lot higher than the current tariff.

So you probably end up paying the same and you are locked in.

jackytoo

Iberdrola were recently fined in the UK for using dubious calling practices and giving incorrect info'

snikpoh

Your correct, mine went from 0.152 to 0.159 with the new (locked in) rate. But then prices will inevitably rise over the next 2 years. So who knows, I might win yet.

Fred James

I was on a 12 month fixed rate with Iberdrola last year - it didn't stop them increasing the prices before the end of the contract!