End of MSE Collective 2015

kdalwayskint

I came on here for useful advice, not two people squabbling:(

st999

Exit fees don't apply when moving from one E.ON tariff

Does this mean I can then switch to Eon's standard tariff which does not have an exit fee, then switch away from Eon without paying an exit fee?

Sosumi

st999 wrote: »

Does this mean I can then switch to Eon's standard tariff which does not have an exit fee, then switch away from Eon without paying an exit fee?

Well, since kdalwayskint does not appear minded to give you any of his own “useful advice” on this matter…

Here’s mine.

Yes, st999, you can do it. It’s a crafty tactic and E.ON, being efficient, will normally perform promptly its own end of your subsequent switch away.

The risk you do take is that if the supplier to which you then go, or the comparison site performing your switch to it, screws up, you could find yourself stuck on E.ON’s (extremely expensive) standard variable tariff for a lot longer than you intended while the mess gets sorted out. And this could prove more costly than paying E.ON’s exit fees.

I’d do it myself if, for example, I was proposing to switch early from E.ON to EDF via Energy Helpline because all three are likely to get it right, but I wouldn’t recommend anyone to try it if they wanted to switch to, say, nPower or Co-op Energy via the “Cheap” Energy Club” (which provides no contact telephone number to ring if things go wrong).


Although the conventional wisdom is that you should always leave a fix before it expires and avoid getting shifted automatically on to your supplier’s standard variable rate, I’ve noticed that suppliers often have a tendency to avoid offering a new cheap fix until a little while after a heavily-subscribed existing fix has fully expired.

When that happens, a month spent on the standard variable tariff can prove worthwhile if it enables you to bridge the gap until a new, cheap fix with your existing supplier goes on offer, with no early exit fees to pay at any stage.

In my own experience, it is frequently more rewarding economically to think laterally and out of the box when everyone else is thinking conventionally… :cool:

Perhaps we shall learn, eventually kdalwayskint’s own profound and detailed “useful advice” on this. But I’m not holding my breath.

poppasmurf_bewdley

Sosumi wrote: »

You demonstrate, convincingly and with remarkable regularity, the wisdom of the counsel expressed by Abraham Lincoln:

I assume you were there when he said it!

poppasmurf_bewdley

Sosumi wrote: »

mmmmmmmmmmmmmmmmmmmmmmmmmmmm

I couldn't give two hoots what you think, and judging from the number of 'thanks' you have neither do many others. Never mind, it's back to school in a few weeks time and you can get a pair of long pants.

Brutie

Yes I am on the same MSE Collective tariff with EON, who are now pushing me to sign up again.

Any news of another MSE Collective deal ?

I have 12 electricity accounts so this is a big thing for me .

Kind rgds,

Brutie

Consumerist

Sosumi wrote: »

. . . It’s a company of which Hengus, well-respected on here for his knowledge of the industry, always writes glowingly and, currently, it does not charge Early Exit Fees. . .

Is this the same Hengus who doesn't seem to understand that the switching window is 49 days long and not just the 42 days from when you should receive notice of the end of your contract?

In the case of a company which doesn't charge exit fees, of course, his lack of understanding will have no consequence in that regard.

molerat

Consumerist wrote: »

Is this the same Hengus who doesn't seem to understand that the switching window is 49 days long and not just the 42 days from when you should receive notice of the end of your contract?

In the case of a company which doesn't charge exit fees, of course, his lack of understanding will have no consequence in that regard.

I would like to see in writing where the switching window is from day 49 without prior notification from your supplier. OFGEM state that suppliers must inform you between day 49 and 42 after which you can switch without penalty. That is why day 42 is fireproof and unambiguous.

zantos

I also am getting to the end of my MSE switch and following government advice opted for a smart meter from E.ON. BAD IDEA, now if I try to switch, my smart meter becomes useless - especially as I have economy 7 and the only options I have is continuing with the same meter by using it as "non-smart" i.e. manual readings or having another meter change. So much for standards within the electricity industry - I realise my "internal" apparatus wouldn't work but would have thought suppliers could have a standard for smart meters as they have for the older meters so they could still be used for on-line access negating the need for manual readings. :mad:

Former_E.ON_Company_Representative:_Malc

st999 wrote: »

Does this mean I can then switch to Eon's standard tariff which does not have an exit fee, then switch away from Eon without paying an exit fee?

Sosumi is spot on st999. You can certainly switch to our standard tariff and then change supplier. You'll miss any exit fees that might apply but will be paying higher unit rates whilst the account switches. Usually, a change of supply goes through in about two and half weeks from the time we receive the request from the new supplier.

Not sure how long there's left on your current deal but don't forget about the Price Protection Window. This kicks in when fixed term contracts are nearing the end. It's open 49 calendar days before the tariff ends until 20 working days after. During this time and provided we're told, we'll make sure you're protected against any price changes that aren't in your favour whilst a change of supplier goes through. Also, exit fees don't apply whilst this window is open. If you're inside the window, it'll be cheaper to stay on your present tariff provided the switch is applied for within this timeframe.

Hope this is of interest st999. Let me know if you need any more information as happy to help.

Malc