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Energy companies deposits rant

dadsgoneshopping · 2015-03-23 09:55:59

So, Sainsbury's energy have asked me for a huge deposit to switch, after speaking to different people on their unhelpful line, it basically boiled down to take it or leave it. So, my understanding is that basically, they are getting a large interest free loan from their customers. Immoral? Illegal? So starting with…

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bebewoo Posts: 622 Forumite

23 March 2015 at 6:23PM

Shop elsewhere.
It looks like either they don't pay interest or they don't hire employees who know what they are talking about.
But in any case I would not go for a supplier that asked for a deposit so thanks for letting us know that Sainsburys are that type of supplier.

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Energy companies deposits rant

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