Swapped to British Gas on 16/6/2011 - Can I cancel now?

urbanmac

TIMMY85 wrote: »

Should be able to cancel!

Sorted (after a huge amount of time on hold!). Cancelled and won't switch until it all settles down.

apt

When it's all settled down it will be at higher prices. You should look at the fixed prices still available and go for the one that suits you best.

backfoot

Devils-Advocate wrote: »

You can try and be as clever as you like. It WILL be applied. Realism

I have just switched my own supply from EDF's O/S7 to SP Direct. Exit fees of £60 were included in the contract until 31 DEC 2011.

They have waived it. FACT.

I have just switched my father in law supply from SP Online Energy Reward to EDF's Fixed 2014.

Exit fees of £50 have been waived. FACT

Now that's realism dear troll.

System

davemorton wrote: »

So in theory.......
Could an energy company bring out a tariff that is so cheap it comes top of all the comparison sites by a country mile, get loads of people signing up to it, with huge get-out fee's, then once they have plenty of sign-up's, whack the price up 47%?????

Yes they could - therefore you should read T&Cs carefully before signing up to any tariff - if you dont like it then dont sign up. IMHO if you are worried about any price increase then go for a fixed deal. Not saying I agree with the energy companies, but at the end of the day we dont have much choice as the market isnt very competitive!

Jumpinbeans

I spent best part of an hour talking with BG on this on Friday after the prices were announced. (i was on the websaver11). They in the end offered me £75 if i remained with them for the year ( i didnt and decided to swallow the penalty and move). In your case if youc an get this it wont compensate you for the increases but if you decide to stay, pushing them for this, could make it more bareable.

ollski

Why would any company offer to waive a fee when you are leaving them?

backfoot

ollski wrote: »

Why would any company offer to waive a fee when you are leaving them?

Ask EDF and SP.

Running scared.

Don't want a legal challenge under Unfair Contract Conditions.

Feeling that the size of the increase is a material breach of their contract.

Don't want further bad press.

Don't want the Regulator waking up to it's anti competitive feature.

Pretending that they are not on the make with their massive price hikes.

ian1969uk

British Gas are outrageous. We had a salesman at the door last week, trying to convince my wife to switch to them. He told her that all of the other companies were putting up their prices, but British Gas would not be doing this. In fact, he said, and I quote:

"We will be the only ones that will be keeping our prices the same as they are now"

We have just switched to a fixed deal with Ovo so she said we weren't interested, so he left (the 7 stone barking Foxhound might have had something to do with that as well!).

However, this was blatantly a complete lie. Seems they were trying to round up as many customers as possible with this approach before hitting them all with a price rise. Shocking behaviour.

penrhyn

If the OP is unhappy with the BG tarrif they have moved to then clearly the only place to go is Scottish Power, as their increases have been announced.
EON,N-Power,EDF and EON will all be announcing increases before too long.

Unless of course their is a fixed rate available.

Joyful

I think people should do more thinking whatever they sign up to. I had a choice recently of choosing a fixed price at 25% higher than standard or websaver 12 at 6% less than standard. I knew from the media that there would be a big rise but hoped it was not as high as 25% so took the gamble and went for the websaver. I know that if the prices go up again I may be worse off but this is my gamble. As I am currently getting my price cheaper than the standard I feel if I then wanted to break the contract if the price went up again and leave then the company should have the right to rebill me on the standard tariff. Why should people have it both ways?