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!
When to switch supplier without paying penalty
I have a contract with OVO until 16th Oct for gas and electricity. Can I start switching supplier now without paying for leaving or do I have to wait until then? I believe that it takes 6 weeks to change over completely so by that time it should be well after 16th Oct
0
Comments
-
to be on the safe side ive been told to do it 28 days before you old deal runs out...
cause you need to give 28 days notice anyway
so the change over wont happen until 28 days have passed...0 -
It takes approx 6 weeks to do the change, but thats based on a fixed registration date that they take you from so it can be 6 weeks after your actual start date with them. The 6 weeks is just for all the data handovers between industry parties that is used to manage your meter point, contracting agents to read your meter, etc.
You sound like you might be business? If so, it will be in your t&c's but you need to be careful to avoid the "Deemed" contract rate issue which you get stuck on higher rates for a new contract because you didn't re-negotiate. .:rotfl: It's better to live 1 year as a tiger than a lifetime as a worm...but then, whoever heard of a wormskin rug!!!:rotfl:0 -
wait it until the end date of the 16th and make sure you don't get put on another tariff that has a cancellation charge, that way you know you wont get charged.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards