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50 days prior to contract expiring query

Dranny
Dranny Posts: 50 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
Hi guys.
Simple query - I hope.
Contract ends 31/10/20. So currently 69 days away.
Does this mean I need to wait 20 days before BEGINNING the switch process?
Or - can I begin the switch process now, knowing it will take over 20 days to complete - and when it does, the switch date will be within 50 days of the end of my contract?
Hope someone can answer - my head hurts.

Comments

  • Gerry1
    Gerry1 Posts: 10,684 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You can't rely on it taking over 20 days so you could well become a cropper if it turns out to be 17.
  • Dranny
    Dranny Posts: 50 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Gerry1 said:
    You can't rely on it taking over 20 days so you could well become a cropper if it turns out to be 17.

    Thats a fair point @Gerry1
    Ok, so I'll rephrase the question.
    Does the 50 days count from when you start the switch or when it completes?
  • Robin9
    Robin9 Posts: 12,515 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Dranny said:

    Does the 50 days count from when you start the switch or when it completes?
    Neither  - its the notice your present supplier gives you that the tariff gives and you can then switch without penalty.
    Never pay on an estimated bill. Always read and understand your bill
  • merchcon55
    merchcon55 Posts: 305 Forumite
    Part of the Furniture 100 Posts Name Dropper
    My post from another thread a few days ago:

    https://www.moneysavingexpert.com/news/2018/05/energy-firm-reviewing-letters-after-exit-fees-error/

    What ARE the rules?
    Ofgem's rules state that customers must not be charged exit fees if they leave during or after the ‘switching window’, which is defined as "49 calendar days before a fixed-term contract ends".

    You can apply to switch at any point during a fixed-term contract without having to pay exit fees, as long as the switch is actually completed during the switching window.


    IT IS THE ACTUAL SWITCH DAY THAT MATTERS WHETHER YOU ARE CHARGED AN EXIT FEE - NOT THE DAY YOU APPLIED FOR THE SWITCH !!!!!  Personal experience TWICE backs this up.
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