When can I switch?

HeWhoDares

Hi,

I joined the Cheap Energy club and it says I can switch to a better tariff.
My question is: when?

I'm with Scottish Power and the tariff I am on is Dual Fuel - Online Fixed Price Energy February 2016 - due to end 29th Feb this year.
I can't see if I have an early exit penalty.

If I switch, I understand it takes three weeks for the supplier to change. Does this mean I can start the process 3 weeks before (so Monday 8th Feb) and not be charged?

Thanks

JJ_Egan

Your existing supplier should notify you 42- 49 days before current tariff ends .No exit fees allowed in that timescale .

anna42hmr

Scottish power do not generally charge exit fees any more, if you go into your SP account online and the messages, go back to the message confirming the tariff you opted for (usually around 2 days after the tariff is taken out) and it breaks down there costs and if any exit fees specifically.

footyguy

HeWhoDares wrote: »

Hi,

I joined the Cheap Energy club and it says I can switch to a better tariff.
My question is: when?

I'm with Scottish Power and the tariff I am on is Dual Fuel - Online Fixed Price Energy February 2016 - due to end 29th Feb this year.
I can't see if I have an early exit penalty.

If I switch, I understand it takes three weeks for the supplier to change. Does this mean I can start the process 3 weeks before (so Monday 8th Feb) and not be charged?

Thanks

I can assure you that if your deal ends this month, you can switch today without fear of any early exit fees.

Reason is as explained in post#2 ... and that if the supplier has failed to provide such notification, then they cannot charge early exit fees anyway (that's assuming any are even mentioned in your agreement)

HeWhoDares

Thanks all.

I have switched and save approx £34 per month currently and £72 once the deal period would have ended on the SP account!!

Result!

System

HeWhoDares wrote: »

Thanks all.

I have switched and save approx £34 per month currently and £72 once the deal period would have ended on the SP account!!

Result!

Your savings look to be very high.