"Switch now - far less likely to have price hike"

tcall

This is what I've been told by a Southern Electric rep, regarding electricity prices.
Basically I'm a business user currently with SWEB. Unfortunately, as a business user it's not as easy as simply checking the online comparison sites, but Southern Electric have given me a quote which is 30% cheaper than Sweb.
When I queried the possibility of the prices increasing shortly, she told me customers who are on a contract are far less likely to see a price increase.
Does anyone know how much water this comment holds?

loon_2

if you have a fixed term business contract then you will not be affected by price increases, but only if stated in the contract.

tcall

hmmmm...... The small print of the contract says if the cost of providing the electricity increases they have the right to increase the cost to me.

loon_2

then its not fixed.

scattycat_3

tcall, I think the operative phrase is "far less likely to" .

However on the bright side I can't see SE getting away with a 30% price hike in one go?


PS and even if they did, your present suppliers prices would be going up too, as they say "the choice is yours", I know what I would do.

Regards Scat

tcall

then its not fixed.

The contract term is for two years. Does this not mean it's fixed?

SCat, I am seriously considering going for it. Unless anyone comes up with a warning against it, I guess.

loon_2

Two year contract indicates that you will be tied into the contrat for two years, i suggest you call Scottish & Southern and ask their business department what it means... better than a rep.