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grace period
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npower have just announced that they are introducing a standing charge for gas supply - they have done this to "simplify" billing, it's now going to cost me an extra £165 a year for the priviledge of buying gas from them. I have notified them that I have declined to accept the increase and have contacted a supplier that does not have a standing charge. Does anyone know how long a grace period I have in order to effect that change of supplier before npower can start billing me for a standing charge? Thanks.
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The letter tells you. If you notify them before the end of April and start the switch on the same day you can stay on the old tariff until the switch is complete.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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Thank you, but there are no details about notifying them before the end of April in the letter they sent. Nor could they answer my question when I rang them.0
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.... I assume that there is a statutory length of time that a utility supplier must allow in order for customers to move before they can effect a price rise. I have a hunch it's 60 days but it's only a hunch.0
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It's not going to cost you £165 extra, because the unit rates you pay on an SC tariff are lower. Unless you are a very low user it should make no difference.No free lunch, and no free laptop0
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I AM a very low gas user - I only use electricity! That's why it's going to cost an extra £165.0
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OK. Then you are not actually 'buying gas from them'. But you are costing them money in metering, reading, billing and network maintenance.
Why not have the supply capped off and the meter removed?No free lunch, and no free laptop0 -
It's my understanding, ( though I've searched Ofgems web site for confirmation without success ), that the Switch from NSC tariffs where the Service Charge was collected by way of a fixed number of annual units at a higher price, to all companies offering only a Daily Service charge tariff, is part of Ofgems drive for simpler billing where all suppliers are singing from the same hymn sheet.
For customers stuck like you, have a look at EBICO who were good for low users as they never specifically made a Service Charge, but charged all units at a higher price and may be unaffected by Ofgems wishes0 -
OK. Then you are not actually 'buying gas from them'. But you are costing them money in metering, reading, billing and network maintenance.
Why not have the supply capped off and the meter removed?:footie:Regular savers earn 6% interest (HSBC, First Direct, M&S)
Loans cost 2.9% per year (Nationwide) = FREE money.
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(And the trouble with Ebico is they are 50% more expensive for the not-targetted market. (And you can spin the calculations to show them to be 500% more expensive than npower's NSC tariffs.))0
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