Timing the switch to new suppliers

Basjoe

My contract with npower is over on 30th June (for both gas and electricity), after which I'm going to switch to new suppliers. Obviously, there's a cancellation penalty if I cancel before that date.

Should I wait until 30th June before applying to the new suppliers, or should I apply now (thereby assuming that the switching process will take more than three weeks to implement) ?

Thanks for any advice

Best Regards
Basjoe

macman

You should be fine, as a switch invariably takes 4 weeks plus.

george1939

macman wrote: »

You should be fine, as a switch invariably takes 4 weeks plus.

Make sure you have paid in 12 direct debits or you will loose their £105 credit which they give to you when they receive debit 12

GingerDi

In similar position. Currently with edf and want to change to n power. Edf lady told me today that if you request a switch before the end of your contract, you will incur a cancellation charge. My tarriff ends 30 June and the charge is £25.

Premier_2

GingerDi wrote: »

In similar position. Currently with edf and want to change to n power. Edf lady told me today that if you request a switch before the end of your contract, you will incur a cancellation charge. My tarriff ends 30 June and the charge is £25.

Well she would wouldn't she?

However, read your terms & conditions. As stated earlier, typically the terms only apply an early exit fee if you actually switch before the end date - when you request to switch doesn't matter (except no supplier will allow you to state 'do not switch until...'. However it takes a minimum of 4 weeks to switch).

macman

Precisely. While you remain on supply, you must remain in contract. For them to suggest otherwise is clearly absurd- I hope someone is going to challenge this.