Should one consider transitioning to an iPad, or other appliances like a washing machine?
In the ever-evolving world of energy supply, electricity providers are competing fiercely to attract new customers. One of their strategies involves offering material bonuses, such as mobile phones, games consoles, coffee makers, bicycles, PCs, new iPads, or TV devices. However, it's essential to approach these offers with caution.
Some energy suppliers do not check the creditworthiness of potential customers, allowing for a new contract with a bonus even with a negative SCHUFA entry. This means that customers with poor credit histories may still be eligible for these attractive deals.
When searching for the cheapest electricity provider, there are two strategies: comparing electricity prices with and without bonuses. It's crucial to remember that a tariff may appear cheap with a bonus or discount, but it could become expensive in the long term after the first contract year.
Tariffs with switching or new customer bonuses are often listed at the top in electricity price comparisons. However, these may be more expensive due to higher kilowatt, basic, or unit prices in the second year. An example calculation shows that a contract with a hardware bonus can be more expensive in the long run compared to a contract without a bonus, especially for contracts longer than 1 year.
Electricity providers like E.ON and Entega also offer tariffs with bonuses, but it's essential to check the duration of the bonus or contract binding before making a decision. If the annual switch is too time-consuming, choose a provider carefully by considering contract length, notice period, price guarantees, and contract extension terms.
Our electricity comparison assists in finding a suitable electricity provider and in the switching process itself. Many well-known and less known electricity providers offer bonuses, such as E.ON and Yello.
A new customer bonus is given to customers who have not had a contract with a specific electricity provider in the previous year or half year. The immediate bonus is a one-time cash payment received after switching electricity providers and the new supply begins.
However, it's important to note that offering to pay in advance when dealing with smaller or less established companies can be risky, especially in case of supplier insolvency. Electricity providers offering tariffs with bonus payments typically include those with a "new customer bonus" clearly stated in contracts or terms, and the bonus is either credited on the bill or paid out separately.
In conclusion, whether it's worth switching electricity with a bonus depends on factors such as the cost of the bonus and the cheapness of the electricity tariff for a household's size and consumption. Always remember to compare prices, read the terms and conditions carefully, and consider your long-term needs before making a decision.
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