Does switching energy companies effect credit score?

flyingbanana_2

Hi everyone,

Does anyone know if switching energy companies effects your credit score? Dont want to be switching every year if I am hurting my credit history!

Thanks in advance

markharding557

This is highly unlikely.

Terrylw1

Not that I know of.

If you were switching and had prepayment meters, then they may keep credit checking you as you move.

With credit meters though, as soon as you move in, you've got supply. Change of supply tends to ends up very similiar.

neilmcl

You're allowed 4 or so credit checks a year until it starts having an adverse effect.

Premier_2

Not all suppliers will even carry out a credit check. Any supplier that does intend to do so needs to inform you that one may/will be carried out ... so check the terms.

As you are already a customer of a supplier, new suppliers may simply be happy to accept you knowing that if you haven't paid your previous bills for the energy supplied, the current supplier probably won't release you.