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BG Websaver 12 ending
My son's Deal with BG Websaver 12 ends on Sep 30th he's looking at moveing to EDF Blue Price promise Fixed 2014 he's thinking of starting switch at the end of August would this be about right or should he start switch sooner? also his account is about £10 in arrears on both his Gas and Elect at the moment should he pay this off prior to starting switch or will this be sorted out when the final bill comes. He doesn't want any exscuse or anything for the switch to be blocked.
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He will receive a final bill after the supply has been switched and a closing reading submitted. A £10 debit will not result in a transfer being refused, he'd need to be in arrears by £200 or more.
He should start the process around 7/9, normally it takes 3-5 weeks.No free lunch, and no free laptop0 -
I'm also on Websaver 12, thought it was ending end of August so did the rounds yesterday to see what was the best deal for me. From this site I've applied for Scottish Power, which promises to be not only cheaper than BG but also has £70 cashback into your bank account after 6 weeks. Be quick - the cashback offer runs out on Friday (tomorrow!!).0
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Chrishazle wrote: »I'm also on Websaver 12, thought it was ending end of August so did the rounds yesterday to see what was the best deal for me. From this site I've applied for Scottish Power, which promises to be not only cheaper than BG but also has £70 cashback into your bank account after 6 weeks. Be quick - the cashback offer runs out on Friday (tomorrow!!).
Thanks for that but He'll get about £30 to £40 pound switching to EDF and I think in his case they will be a better bet than SP as there is no penalty if he switches early and are fixed untill 2014 and also EDF are slightly cheaper in his area.0 -
He will receive a final bill after the supply has been switched and a closing reading submitted. A £10 debit will not result in a transfer being refused, he'd need to be in arrears by £200 or more.
He should start the process around 7/9, normally it takes 3-5 weeks.
Thanks for that "macman" great news.0 -
He will receive a final bill after the supply has been switched and a closing reading submitted. A £10 debit will not result in a transfer being refused, he'd need to be in arrears by £200 or more.
He should start the process around 7/9, normally it takes 3-5 weeks.
This is not correct, any balance outstanding more than 28 days old will stop a transfer. Clear the debt off.
You can transfer a pay as you go if balance is under £200 credit meters are not the same.0 -
This is not correct, any balance outstanding more than 28 days old will stop a transfer. Clear the debt off.
You can transfer a pay as you go if balance is under £200 credit meters are not the same.
Absolutely, the SLC is very specific in that the £200 limit is only for PPM's.
However, in general it has to be classed as Outstanding Charges. It cannot be a disputed amount or an accumulated error by the supplier, known as Supplier Error Amount.
OP - just post something about timing on here.
https://forums.moneysavingexpert.com/discussion/4118769:rotfl: It's better to live 1 year as a tiger than a lifetime as a worm...but then, whoever heard of a wormskin rug!!!:rotfl:0 -
Absolutely, the SLC is very specific in that the £200 limit is only for PPM's.
However, in general it has to be classed as Outstanding Charges. It cannot be a disputed amount or an accumulated error by the supplier, known as Supplier Error Amount.
OP - just post something about timing on here.
https://forums.moneysavingexpert.com/discussion/4118769
He's on a monthly Direct Debit scheme which is taken out of his account on the 6th of every month if he switches say next month surely any sum outstanding say about £30 wouldn't that sum be covered by the final bill from BG or is it that if there is anything outstanding at all on your account on the date of the switch (which will be very hard to manage unless you're in credit) the switch will be blocked, if so that's a bit harsh. What is the rellevance ot the final bill situation then I thought it was to square up any outstanding ballance with you and your present supplier prior to the switch takeing place be it either credit or debit, then if the final bill monies wasn't forthcomeing the supplier could then block the switchover.0 -
I just received the MSE weekly email and saw the EDF Blue bit. I'm currently getting gas and elec from British Gas via Online Saver 5 - I also have solar panels under the 'rent a roof' scheme. I know exactly what my consumption of elec and gas is. I checked out a quote from EDF and they say they can definitely save me money as their estimate of my annual bill is £1441 for gas and £258 for elec.
However, since I currently pay £46pm for gas and £36pm for elec to BG (£984pa) and my account is slightly in credit the EDF estimate is nonsense. They say they can save me £21 of their estimate of my current bill, which means they are around £600 pounds per year more expensive!
Can anyone explain?0 -
Total apologies for my last post - I swapped the figures for gas and elec, which screwed up the sums!:o Just got excited at the prospect of a bargain, I suppose
Did the sums again and EDF quote is much more sensible and can save me £68 on my current actual bill with BG........0 -
He's on a monthly Direct Debit scheme which is taken out of his account on the 6th of every month if he switches say next month surely any sum outstanding say about £30 wouldn't that sum be covered by the final bill from BG or is it that if there is anything outstanding at all on your account on the date of the switch (which will be very hard to manage unless you're in credit) the switch will be blocked, if so that's a bit harsh. What is the rellevance ot the final bill situation then I thought it was to square up any outstanding ballance with you and your present supplier prior to the switch takeing place be it either credit or debit, then if the final bill monies wasn't forthcomeing the supplier could then block the switchover.
After your cooling off period ends, the new suppliers sends their notification including the future switch date, to the distributor. The distributor sends this to your current supplier.
The current supplier has an objection period which is normally 5 working days from receipt of this request. If they miss this, its tough no matter how much you owe as the distributor seals the switch agreement at the end of this period.
The final bill will be produced once the old supplier receives the readings through their agents which come from your new suppliers agents. Submit your own switch read to get this accurate and your new supplier passes this on for you.
So, if you have given your own reading, you can work out if the DD will cover it. It may do or may not.
The supplier if objecting, can only do it on Outstanding Charges, so if the DD is leaving you in credit, you won't have these.:rotfl: It's better to live 1 year as a tiger than a lifetime as a worm...but then, whoever heard of a wormskin rug!!!:rotfl:0
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