EDF promises not to hike prices before March News Discussion

JS477

KimYeovil wrote: »

Valueless guarantee.

I very much doubt it

KimYeovil

JS477 wrote: »

I very much doubt it

A 'free to increase prices by 7%' guarantee is relatively worthless.

JS477

KimYeovil wrote: »

A 'free to increase prices by 7%' guarantee is relatively worthless.

Well we'll just wait and see then shall we.

backfoot

KimYeovil wrote: »

A 'free to increase prices by 7%' guarantee is relatively worthless.

Could you clarify please what this refers to?

I have looked at the T&C's to the Online Saver 7 and can't find any reference to your quote. As I am within the cooling off period I just want to check I haven't fallen into any trap.

t0rt0ise

It's a good ruse to get people to join up and commit for a year before hiking prices higher than everyone else in March. It'll all even out in the end no doubt.

HalloweenJack

talking about switching - im on EDF`s ECO 2020 - and when using comparrison sites none of have that option , so i cant really compare actually.

any idea`s?

backfoot

t0rt0ise wrote: »

It's a good ruse to get people to join up and commit for a year before hiking prices higher than everyone else in March. It'll all even out in the end no doubt.

I'm sure that's part of the plan but you still have the option to switch again and suffer the £60 penalty. As they already offerred a £100 bonus and you get £80 via Quidco ,it still seems to be the best option (for me anyway).

Gerrard_8_lfc

I went for the £100 bonus and quidco money for EDF v7 prices wont rise more than £180 pound so Ill be ok then just switch back to BG because EDF worked out the same price as BG for me I only went for the £180.

wakeupalarm

Just like backfoot, I swiched to EDF yesterday as well. If you leave before the end of 2011 but after the £100 bonus is paid do you lose the £100 bonus? Someone mentioned on another thread that you do, but I'm sure they mention somewhere that the bonus is non refundable so I can't see why you would have to pay it back.

backfoot

wakeupalarm wrote: »

Just like backfoot, I swiched to EDF yesterday as well. If you leave before the end of 2011 but after the £100 bonus is paid do you lose the £100 bonus? Someone mentioned on another thread that you do, but I'm sure they mention somewhere that the bonus is non refundable so I can't see why you would have to pay it back.

This is taken from the Terms and conditions:

'The £75 and £25 goodwill credits will be credited to your Electricity and/or Gas account respectively

within 90 days of your supply having transferred successfully to EDF Energy.'