deemed contract? Can i change?

Options
zaralondon
zaralondon Posts: 115 Forumite
Hi all,

Moved into a rental, going to sign today with a new electricity supplier. I should have done it earlier but just been so busy.

Got a letter in the post a few days ago from EDF saying 'As the current supplier we are required to continue to supply the premises with electricity subject to our Deemed Contract Scheme'.

Shall I just continue to sign up with my new supplier and ignore this? As far as I can tell from previous threads they are trying to hoodwink me into signing with them. (In any case my letting agent was going to put me on to a new supplier but I said I wanted another one).

Of course the only downside is that I am going to be on EDF's most expensive tariff until my accout is transferred.
thanks

Comments

  • spiro
    spiro Posts: 6,403 Forumite
    Name Dropper First Post First Anniversary
    Options
    As soon as you switch a light on you are entering into a 'deemed contract' with the current supplier of the property. You can change suppliers to the supplier of your choice as soon as you like.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    Options
    spiro wrote: »
    As soon as you switch a light on you are entering into a 'deemed contract' with the current supplier of the property. You can change suppliers to the supplier of your choice as soon as you like.
    As in you can initiate the changeover immediately, but the deemed contract will run for at least 28 days, before changeover can take effect.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • zaralondon
    zaralondon Posts: 115 Forumite
    Options
    And they can charge whatever they like until your new supply kicks in?
  • spiro
    spiro Posts: 6,403 Forumite
    Name Dropper First Post First Anniversary
    Options
    zaralondon wrote: »
    And they can charge whatever they like until your new supply kicks in?
    Standard tariff.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.6K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.8K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards