Neon Reef - any views?

MWT

Patr100 said:

I assume no more debits will be taken? - my next bill would have been due the end of this month?

That would be unwise, it is normal for the DD's to keep on rolling for a while before they are transferred to the SoLR, so probably better to cancel and put the money aside ready for the new supplier...

alsa1

Did anyone manage to get any referrals paid recently? I signed up in early September, was hoping it would come through before the inevitable happened

Edit: Clearly not according to previous comments, shouldn’t have expected it really!

brewerdave

Oh well , nearly 10 months at a good tariff - mustn't grumble -especially as I OWE them ~ £45 even after this month's DD is credited. 

BW1990

It was good while it lasted... I moved over to NR about a month ago, when Green went bust, so I got an extra month of cheap energy. I'm not complaining!

Only issue - my second direct debit was taken on the 11th, but isn't yet showing in my account as credit on my account. Bit annoying... hopefully that won't cause an issue when the SOLR reconciliation begins. We shall see. 

I bet the big energy suppliers are absolutely sick and tired of this SOLR process and I am sure they will have something to say about start up access to this market in due course, when the dust has settled. 

Shedman

brewerdave said:

Oh well , nearly 10 months at a good tariff - mustn't grumble -especially as I OWE them ~ £45 even after this month's DD is credited. 

How many SOLRs is that now BD 😅?

Inigo_Montoya

Shedman said:

brewerdave said:

Oh well , nearly 10 months at a good tariff - mustn't grumble -especially as I OWE them ~ £45 even after this month's DD is credited. 

How many SOLRs is that now BD 😅?

Seven for me since September - that should take some beating

Keeping track of them all is a nightmare

Curiousgirl1

QrizB said:

If it's any help, Green Network Energy went bust on the 27th of January, EDF were appointed on the 30th and I was charged EDF rates from the 31st. So you might get a couple more days on NR rates.

The SoLR tariff will be subject to the Ofgem price cap and fixed for 6 months.

Why would it be fixed for 6 months when the new price cap comes out in April 22? Don’t think there is anything that says a SoLR has to fix the prices for 6 months 

Penelopa.Pitstop

So, I'm waiting for electricity bill from: PfP, from BG and Neon Reef. Neon Reef doesn't even have my correct meter number online. They were supposed to update my account. I sent them readings in case they fail and they did.

MWT

Curiousgirl1 said:

QrizB said:

If it's any help, Green Network Energy went bust on the 27th of January, EDF were appointed on the 30th and I was charged EDF rates from the 31st. So you might get a couple more days on NR rates.

The SoLR tariff will be subject to the Ofgem price cap and fixed for 6 months.

Why would it be fixed for 6 months when the new price cap comes out in April 22? Don’t think there is anything that says a SoLR has to fix the prices for 6 months 

There is a 6 month limit on the appointment as SoLR and the tariff agreed with Ofgem cannot be changed during that period, but...

If the agreement is simply that the tariff must be no higher than the Ofgem cap, and the cap changes, then the tariff could go up...

It would depend on the details of what was agreed with Ofgem of course...

QrizB

Curiousgirl1 said:

QrizB said:

If it's any help, Green Network Energy went bust on the 27th of January, EDF were appointed on the 30th and I was charged EDF rates from the 31st. So you might get a couple more days on NR rates.

The SoLR tariff will be subject to the Ofgem price cap and fixed for 6 months.

Why would it be fixed for 6 months when the new price cap comes out in April 22? Don’t think there is anything that says a SoLR has to fix the prices for 6 months 

It's in Ofgem's guidance for SoLRs. I've posted the extravt at least once but don't have time to find it again now.