Scared to move to smaller company!

johnbhoy10

Thanks to the folk that mentioned AVRO. Not the cheapest for me but i'm getting-

a far more competitive price than the the upcoming EDF variable

decent CS based on the feedback on CEC.

a fixed tariff that is exit free.

That'll do for me.

ValiantSon

AJS321 wrote: »

Like I said, it was something Co-op Energy did of their own accord. There!!!8217;s no guarantee that if another supplier goes under credit balances will be protected. Unless of course the law has changed since the GB Energy fiasco.

No, Ofgem requires that all credit balances are protected in the event of supplier failure (noting Hengus' clarification about credit balances still held for customers who have switched away). I posted a link for you to the Ofgem website where they confirm what I said. Perhaps you'd like to read it, rather than reiterate your errors!

I am also intrigued as to how you could describe what happened with GB Energy as a, "fiasco". A new supplier was found within days; all credit balances were protected; all customers existing fixed tariffs were honoured. If you think that is a fiasco, then I don't know what a success would have to look like!

AJS321 wrote: »

So it looks like there are now rules in place to protect credit balances. But this wasn!!!8217;t the case when GB Energy went bust and that!!!8217;s why Co-ops decision to do the right thing took the industry by surprise.

No, what was uncertain was whether or not existing fixed term tariffs would be honoured or not. Co-op's bid to take over supply offered to guarantee these.

I actually was a GB Energy customer at the time.

When you are shown to be wrong, it is conventional to accept it with good grace, rather than try and weasel out, but continue to spread untruths.

bri160356

johnbhoy10 wrote: »

Thanks to the folk that mentioned AVRO. Not the cheapest for me but i'm getting-

a far more competitive price than the the upcoming EDF variable

decent CS based on the feedback on CEC.

a fixed tariff that is exit free.

That'll do for me.

:beer:...a good few bob saved!

As per my aforementioned post, AVRO wasn’t the cheapest dual-energy supplier for both my son and daughter ‘quotes’ (very similar usage),… there were actually 5 cheaper companies.

However, every one of the 5 cheaper quotes were ‘variable tariffs’ whereas Avro’s Simple & Glory tariff is a 12-month fixed tariff with no exit fees;...and even the cheapest quote (variable tariff) on the list was only 20 quid or so cheaper than Avro.

P.S. apart from being a customer myself and I have no affiliation to Avro, btw.

johnbhoy10

bri160356 wrote: »

:beer:...a good few bob saved!

As per my aforementioned post, AVRO wasn!!!8217;t the cheapest dual-energy supplier for both my son and daughter !!!8216;quotes!!!8217; (very similar usage),!!!8230; there were actually 5 cheaper companies.

However, every one of the 5 cheaper quotes were !!!8216;variable tariffs!!!8217; whereas Avro!!!8217;s Simple & Glory tariff is a 12-month fixed tariff with no exit fees;...and even the cheapest quote (variable tariff) on the list was only 20 quid or so cheaper than Avro.

P.S. apart from being a customer myself and I have no affiliation to Avro, btw.

yeah....thanks...actually it's more or less keeping them the same as my current prices BUT on my usage EDF's variable was going to push my bills up by circa £380 from now so that is a win!!

There were 5 cheaper companies and the cheapest was £40 cheaper than this for my details but i didn't fancy any for various reasons!!;)

jamiesb

My brother just switched from So Energy to Utility Point, apparently So Energy put their prices up recently.

johnbhoy10

jamiesb wrote: »

My brother just switched from So Energy to Utility Point, apparently So Energy put their prices up recently.

'Best Practice' used to be, in general, wait for the big 6 to all react to price increases/decreases and then go when it's a level playing field when it's all settled down....if it ever does!!

I'm so far out the loop nowadays i've no idea if this is till the case and don't know if these new, 'smaller' companies have muddied the waters to an extent.

bri160356

johnbhoy10 wrote: »

yeah....thanks...actually it's more or less keeping them the same as my current prices BUT on my usage EDF's variable was going to push my bills up by circa £380 from now so that is a win!!

There were 5 cheaper companies and the cheapest was £40 cheaper than this for my details but i didn't fancy any for various reasons!!;)

Using my sons annual consumption figures his move to Avro will cost him exactly £23.16 more than he is presently paying with EDF;…however, his current EDF tariff ends on July 31st and staying with EDF on the tariff they are offering (online saver Aug’19 with exit fees!) is not prudent.

It’s not an exact science though;… energy consumption figures change every year due to various factors,… weather,… lifestyle,… additions to the family et al, but generally for most people/families historic consumption figures are accurate enough to validate the various ‘quotes’.

johnbhoy10

bri160356 wrote: »

Using my sons annual consumption figures his move to Avro will cost him exactly £23.16 more than he is presently paying with EDF;!!!8230;however, his current EDF tariff ends on July 31st and staying with EDF on the tariff they are offering (online saver Aug!!!8217;19 with exit fees!) is not prudent.

It!!!8217;s not an exact science though;!!!8230; energy consumption figures change every year due to various factors,!!!8230; weather,!!!8230; lifestyle,!!!8230; additions to the family et al, but generally for most people/families historic consumption figures are accurate enough to validate the various !!!8216;quotes!!!8217;.

I think i'm a couple of extra a month too so that's pretty similar to our own!!

With regards to figures i agree because my gas/leccy has only varied by a few hundred at most for both using the annual summary they give you and if you use that as a base then i don't you'll be a million miles away unless we're heading for 10 month winters!! I don't want to sound blase as i realise that a slight hike can have a serious impact on a lot of households. Luckily, a couple of quid extra is ok with us as is a slight increase in d/d if we have to.

Whole thing's a sham anyway......those can afford it LEAST are basically paying for those of us in the know....that's a generalisation but you get my drift. I, for one, would gladly pay an extra couple of quid if it meant those struggling had easier access to better deals. I'm sure most would but sorry to digress as that's another story!!

kentgirl6

I've just switched to Bulb in the last 2 months, switchover from SSE was painless, they sorted it all out and so far it's fine. I've paid 2 months DD and my account is already in credit due to a lower usage in June/ July.

Bulb's comms is great, very easy to use website, so far so good!

Plus you get £50 credit with the referral code which is very handy

ValiantSon

kentgirl6 wrote: »

I've just switched to Bulb in the last 2 months, switchover from SSE was painless, they sorted it all out and so far it's fine. I've paid 2 months DD and my account is already in credit due to a lower usage in June/ July.

Bulb's comms is great, very easy to use website, so far so good!

Plus you get £50 credit with the referral code which is very handy so if you need one you're welcome to use mine - bulb.co.uk/refer/XXXXXXX

You aren't allowed to post referral links on these boards. The only place this is allowed is on the specific referrals board. I suggest that you edit your post.