We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Can my supplier backdate charges?

My supplier Scottish Power wrote to me dated October 2008, saying that they have held their prices down for as long as possible (noble of them) but now they have to put up their prices. The letter said the price hike will be from August 2008. Can they backdate a price raise and charge me more for gas and electric which I have already used. Surely its illegal?

If I'd have known in August I could've moved supplier.

Comments

  • Suppliers now have 65 working days from the date of the increase to advise you of this.
    If you tell them within 10 working days of receiving the notice that you want to end your contract and get your new supplier to apply within a further 15 working days then the new prices will not be applied.

    If you or your new supplier don't keep to the timescales above then the new prices will be applied.
  • oldwiring
    oldwiring Posts: 2,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think the subject has been covered very recently in this sub forum and they are allowed 65 working days after the change to notify you.:)
  • MarkyMarkD
    MarkyMarkD Posts: 9,913 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You know now, and you can still move supplier, and not suffer the increase. You don't lose out because of the 65 days - indeed, you benefit, because you can pay the old price for around 90 days after the increase was effective, until the point when you actually switch to the new supplier.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.7K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.2K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.