We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

do i have to pay exit fee if SSE put up prices?

Options
I am on SSE's discount energy bonus october 2014 tariff which has £50 exit fees per fuel. Do these fees still apply or can I switch for free because they are upping their prices?
Thanks in advance

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    edited 17 October 2013 at 6:38PM
    If it's a fixed price tariff till next October, then you won't be affected by any of the current price increases.
  • Its not a fixed tariff, but a fixed discount of 10% off their standard prices. My prices are going up as I've received their letter
  • bloss0m
    bloss0m Posts: 1,923 Forumite
    1,000 Posts Combo Breaker
    I am on asimilar situation but with British Gas which ends end of November

    http://www.britishgas.co.uk/products-and-services/gas-and-electricity/our-energy-tariffs/Tariffs-A-Z/online-variable-november-2013-terms.html

    I am unsure of they can take into account the time it takes to move provider
  • Quentin
    Quentin Posts: 40,405 Forumite
    edited 17 October 2013 at 8:02PM
    goliath832 wrote: »
    Its not a fixed tariff, but a fixed discount of 10% off their standard prices. My prices are going up as I've received their letter

    In that case it's a tariff which is allowed to vary so the exit charge would apply. (You always get the benefit of the discount, but not a price fix).

    The ts + cs say you have to pay exit fee if you leave the tariff before 1/10/14.
  • Just found this on Which?

    1. Don't pay increased prices or exit fees to your supplier

    If your energy company raises prices you shouldn't have to pay a penalty for switching away from them, as the price change is effectively a change in the contract you originally signed up to.
    If it tries to charge you an exit fee or says you will have to pay the higher rates until your switch goes through, then you should complain - refer your energy company to Ofgem's Standard Licence Conditions 23 and 24, which sets these rules out.
    You need to tell your energy supplier you wish to leave by the date the higher prices come into effect. Also make sure that your new supplier contacts your old one within 15 working days to tell them you're switching.
  • NeverInDebt
    NeverInDebt Posts: 4,633 Forumite
    1,000 Posts Combo Breaker
    It seems to mention this on which site Source

    https://www.ofgem.gov.uk/gas/retail-market/market-review-and-reform/notification-price-changes
    goliath832 wrote: »
    Just found this on Which?

    1. Don't pay increased prices or exit fees to your supplier

    If your energy company raises prices you shouldn't have to pay a penalty for switching away from them, as the price change is effectively a change in the contract you originally signed up to.
    If it tries to charge you an exit fee or says you will have to pay the higher rates until your switch goes through, then you should complain - refer your energy company to Ofgem's Standard Licence Conditions 23 and 24, which sets these rules out.
    You need to tell your energy supplier you wish to leave by the date the higher prices come into effect. Also make sure that your new supplier contacts your old one within 15 working days to tell them you're switching.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.