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British Gas Exit Fee
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Rhys's_Dad
Posts: 7 Forumite
Our fixed tariff with British Gas is due to end on 31 Dec 2020. having checked the tariff details, I couldn't see a mention of any leeway, normally 50 days before the tariff ends, in which I could switch to another supplier, so I contacted BG and they insist any move before 31st Dec will incur and early exit fee. I could give the new supplier the 31 Dec as the date to switch of course, but if there's a hitch somewhere and the switch goes through early, I don't want to give BG an excuse to impose the early exit fee. Any thoughts anyone.
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Comments
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Ofgem rules state that your energy provider is not allowed to charge you fees for switching if you are in the final 49 calendar days of a fixed-term contract. It seems that BG have 'previous' for this - see https://www.ofgem.gov.uk/publications-and-updates/british-gas-pays-out-265-million-over-invalid-exit-fees-and-overcharging
#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3660 -
You can't give the new supplier a specified switch date.BTW: Wrong forum, should have been in Energy.0
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BG getting it wrong yet again, despite already being slapped on the wrist by Ofgem for exactly this problemYou can start a Switch 49 days before your contract end date - The Switch is usually completed in around 21 days, and even though it's completed before your Contact End Date, BG cannot charge Exit Fee's0
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