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electric contract

ive been with npower since June 2016 and the unit price was 11.23p.12 month on and the price is now 23.23p.Can they make such a big increase?.We are on a 3 year business contract and ive Been told I can't to come out of the contract is this right even though nothing has been signed?

Comments

  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Its a business contract you need to read your terms and conditions .
  • johnny1982 wrote: »
    ive been with npower since June 2016 and the unit price was 11.23p.12 month on and the price is now 23.23p.Can they make such a big increase?.
    Apparently so ;)
    johnny1982 wrote: »
    We are on a 3 year business contract and ive Been told I can't to come out of the contract is this right even though nothing has been signed?

    I've no idea. I wasn't there when you were told it, but I believe you :)
    You say you are in a 3 year contract. I suggest you refer to the terms of that contract and/or employ an independent legal adviser if necessary.
  • boliston
    boliston Posts: 3,012 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Business contracts typically will double the unit rate if you go "out of contract" but it would seem unusual to lock you into that rate
  • Robin9
    Robin9 Posts: 12,364 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Did the unit rate change in June 2017 in accordance with a schedule in the original contract ?
    Never pay on an estimated bill. Always read and understand your bill
  • House_Martin
    House_Martin Posts: 1,462 Forumite
    edited 17 February 2018 at 1:50PM
    With a business contract you have to apply to exit the contract , I think its 3 months before the contract ends. I think you are stuffed for a year.
    Not many actually sign contracts with the utilities . By doing nothing and not applying to end or enter a new contract you will fall on their expensive default tariff. The supplier would enforce the "deemed contract " laws. It will be in the T/Cs of all business contracts to negotiate new contracts well before the ending of the said contract. This little trick catches many SME s out.
    Makes no difference what flavour meter you have , smart and dumb both do the same thing but smart means very accurate billing that is all
  • in one month iI received a bill for £600!!.Im wondering if my smart metre is something to do with it also.i will pay too come out if I have too ive not signed nothing
  • matelodave
    matelodave Posts: 8,771 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    As said above, you need to look at your Terms & Conditions as they will be specific to your contract. If you dont have a copy then request one from your supplier.

    Although you might get a load of helpful, or evn unhelpful advice or opinions no one on here will have any information about what you may or may not have agreed to or even inherited so you've got to do the investigation yourself to see what you can do about it.
    Never under estimate the power of stupid people in large numbers
  • johnny1982 wrote: »
    in one month iI received a bill for £600!!.Im wondering if my smart metre is something to do with it also.i will pay too come out if I have too ive not signed nothing

    Yes your smart meter will have lots to do with it.

    It, like any meter, records your consumption. The advantage of a smart meter is that the supplier should be able to obtain the readings without coming to physically read the meter or hoping you will provide them, so avoiding estimated billing in future :)

    Money is not necessarily the answer to all your problems. Refer to the advice given to you as early as post#2.
  • Robin9
    Robin9 Posts: 12,364 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You don't need to have signed anything to be in a contract. Many contracts are the result of telephone conversations?

    What correspondence do you get from nPower in June 2016 ?
    Never pay on an estimated bill. Always read and understand your bill
  • D_M_E
    D_M_E Posts: 3,008 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    You need to carefully read your terms and conditions - if you don't have them then ask your supplier to send them to you.

    I would have thought that the price you agreed on contract in 2016 would remain the same until end of the 3 years in 2019 unless there is something in the terms which allows an increase.

    Could be they are mixing up someone else's contract with yours.
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