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Should I Switch?

lowmiles
lowmiles Posts: 87 Forumite
Part of the Furniture 10 Posts Combo Breaker
So I've just had an energy meter fitted by Siemens on behalf of first utility for free. Thing is my contract is up tomorrow can I still switch or may they try and charge me for the installation as its so soon after.

Comments

  • Shavuot
    Shavuot Posts: 125 Forumite
    edited 30 May 2017 at 1:20PM
    lowmiles wrote: »
    So I've just had an energy meter fitted by Siemens on behalf of first utility for free. Thing is my contract is up tomorrow can I still switch or may they try and charge me for the installation as its so soon after.

    You can apply to switch whenever you want.

    Switches will take a minimum of 17 days from application up to possibly 5 weeks (and maybe even a bit longer for gas at the moment)

    The question is, with a contract due to end tomorrow, why have you waited so long??? :huh:
    You could have applied 49-42 days ago and not suffered any early exit fees (if they even applied to the contract)
    The issue is now, you will go onto the suppliers very expensive default tariff ...
    (only option is to ring FU today and see if they can offer you a better tariff immediately, but if you plan to still switch supplier, ensure there are no early exit fees)
  • lowmiles
    lowmiles Posts: 87 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Shavuot wrote: »
    You can apply to switch whenever you want.

    Switches will take a minimum of 17 days from application up to possibly 5 weeks (and maybe even a bit longer for gas at the moment)

    The question is, with a contract due to end tomorrow, why have you waited so long??? :huh:
    You could have applied 49-42 days ago and not suffered any early exit fees (if they even applied to the contract)
    The issue is now, you will go onto the suppliers very expensive default tariff ...
    (only option is to ring FU today and see if they can offer you a better tariff immediately, but if you plan to still switch supplier, ensure there are no early exit fees)

    Well I did a price comparison and was on a much cheaper tariff than the market could offer so didn't want it to end early, I didn't factor in the switching time! I also wanted a smart meter.
    I'll have a look now.
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Problem with it not ending early is that if you had given the required notice within the time scale you would not be on a far more expensive tariff ( not your current tariff ) between now and the actual switch taking place at some time in the future .
  • [Deleted User]
    [Deleted User] Posts: 1,655 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    lowmiles wrote: »
    I also wanted a smart meter.
    If you change supplier then, in all probability, it will stop being smart and just become a meter which you have to read yourself.
  • As long as you are happy anyway
  • StopIt
    StopIt Posts: 1,470 Forumite
    lowmiles wrote: »
    Well I did a price comparison and was on a much cheaper tariff than the market could offer so didn't want it to end early, I didn't factor in the switching time! I also wanted a smart meter.
    I'll have a look now.


    If you switch, the thing will likely stop working with your new supplier, making the installation useful for about the time it takes you to switch. Oopsie.

    In debt and looking for help? Look here for the MSE Debt Help Guide.
    Also, If you need any free and impartial debt advice, the National Debtline, Stepchange, and the CAB can help.
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