Calor "capped" contract - beware termination charge

mover

Hi All

Just renewing my domestic LPG contract & found this fourm - very useful.

Watch out for Calor though. I've just been sent a quote for a "capped" price contract:
- 44p/litre fixed for 9 months
- £200 cashback on my account
- Tanks standing charge remains same at 24p/day (underground tank)
- If price goes up by 3.5p/liter or more in any 3 month period I can trerminate the contract & go elsewhere.

The sales guy even kindly highlighted the relevant sentence in the T&Cs re the 3.5p increase/termination clause.

What he didn't highlight was the next sentence that says "In the event of such termination you will pay the tank uplift charge.." which when you go to the relevent section turns out to be £1,100 + VAT!

I haven't done the maths but the price would have to go up by a massive amount to offset this charge so the "anything more that 3.5p increase and you can terminate" sales pitch is very hollow.

The Calor deal is strill pretty attractive (I'm currently paying a whopping 59p/liter) & I'll probably go with it. Just wanted to make sure others were aware of this "penalty".

Mover

LittleVermin

mover wrote: »

Hi All

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Mover

please see here for a reply in the main Bulk LPG ... thread (which is a sticky - so it always sticks around at or near the top of the board and your very useful post won't get lost among dead and dying threads from long, long ago!)