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npower price increase

I'm on a fixed price duel fuel tariff until Jan 2014 but have recently had a letter from NPower saying that my gas and electric prices are going to increase from 1st July 2013. Has anyone else had this or similar and can they actually do this given that it's meant to be fixed until 2014?

Comments

  • WestonDave
    WestonDave Posts: 5,154 Forumite
    Rampant Recycler
    Is it a fixed price tariff as I'm sure they had a 2014 tariff which was a certain discount off their standard price - and as their standard price was going up, their 2014 tariff was going up in line. I suspect that this is what you are on and so its not a fixed tariff at all.
    Adventure before Dementia!
  • Wywth
    Wywth Posts: 5,079 Forumite
    mrhiggins wrote: »
    I'm on a fixed price duel fuel tariff until Jan 2014 but have recently had a letter from NPower saying that my gas and electric prices are going to increase from 1st July 2013. Has anyone else had this or similar and can they actually do this given that it's meant to be fixed until 2014?

    Don't tell me, let me guess ;)

    https://forums.moneysavingexpert.com/discussion/4627917

    :cool:
  • You guess right by all accounts Doh!:(
    Once bitten twice shy, won't be making the same mistake again.
  • chanz4
    chanz4 Posts: 11,057 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Xmas Saver!
    Tariff Features
    • Guaranteed to be 3% cheaper than npower's Standard charges until 31st January 2014.†
    • Variable rate tariff - energy prices may go up or down.
    • After 31st January 2014 you will be moved onto npower's Standard plan, unless you choose another plan.
    • This tariff has a standing charge.
    • Online billing - view your bills online.
    • Monthly Direct Debit only.
    • Dual fuel or single fuel available.
    • Early termination fees apply: £30 (inc. VAT) for gas, £30 (inc. VAT) for electricity (a total of £60 for dual fuel).
    • Notes: This tariff is not available with prepayment meters. If your gas is supplied by an Independent Gas Transporter, an IGT charge may apply. †For dual fuel customers.
    Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.
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