📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Green Network Energy is ceasing to trade

1222325272871

Comments

  • wrinx
    wrinx Posts: 30 Forumite
    Ninth Anniversary 10 Posts Combo Breaker
    Came back to read the thread because I haven't heard anything since the news broke either, slightly comforted to know I'm not alone :)

    wrinx
  • Garry1963, how do you know your switch completes on 21st if you haven't heard anything ?
  • Received standard welcomr letter this morning.
  • Gary1963
    Gary1963 Posts: 287 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 19 February 2021 at 9:47PM
    My switch from GNE to my new supplier. Not EDF.
    I will owe EDF from 31/1 to 20/2 I assume.
  • From the article on the main MSE website:-
    "Based on typical dual-fuel use for direct debit tariffs"
    What is 'typical'.
  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    From the article on the main MSE website:-
    "Based on typical dual-fuel use for direct debit tariffs"
    What is 'typical'.
    Profile Class 2 is for electricity only.  The values are on the low side because these properties are more likely to be 1 or 2 bed flats rather than houses.
  • Thanks. So, am i missing something? The Tariffs provided are 1 monetary value per Tariff. Yet, the link provided, gives a range of 'Typical' values , obviously dependant on your usage. Clear as mud to me.
    Which begs the question, from the monetary figures quoted in the MSE article, how much gas, and how much lec is that actually for?
    Or, put another way what are the actual unit rates and standing charges?
  • Gerry1
    Gerry1 Posts: 10,848 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thanks. So, am i missing something? The Tariffs provided are 1 monetary value per Tariff. Yet, the link provided, gives a range of 'Typical' values , obviously dependant on your usage. Clear as mud to me.
    Which begs the question, from the monetary figures quoted in the MSE article, how much gas, and how much lec is that actually for?
    Or, put another way what are the actual unit rates and standing charges?
    https://www.ofgem.gov.uk/system/files/docs/2021/02/default_tariff_cap_level_-_april_2021_-_september_2021.pdf
  • Robin9
    Robin9 Posts: 12,817 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    We have an assurance from Edf that we will not pay more than we are paying now till the end of September.  Having put my consumption through the CEC that fits in with Variable 5 within a £ or so. To me the actual unit cost doesn't matter at this stage - if I was doing a general comparison I would be looking just at the bottom line anyway.

    I will stay as I am and revisit at the end of August. I am expecting a big jump from the 12.978 p/kWh I am paying


    Never pay on an estimated bill. Always read and understand your bill
  • reub075
    reub075 Posts: 29 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    edited 22 February 2021 at 2:08PM
    Hello,
    I don't know if anyone else has had the same update, but when I signed into my MSE CheapEnergy Club account this morning, I noticed that my current tariff has been updated (as of today) from the old GNE 12 month fixed tariff, to one of the EDF Welcome GNE Variable tariffs.
    I have not received a confirmation email from EDF (other than the standard 'Welcome... we have been appointed... what happens next' email from 2 Feb) about the tariff that I would be moved onto.
    The CEC tariff information suggests that I'll be on the EDF Welcome V5 tariff, which I'm encouraged by, as that seems to be the cheapest tariff for my region. I realise that this is not yet official confirmation or contractually binding yet, but still promising.
    Based on my calculations and usage figures from the last 12 months, this tariff would be more expensive than the former GNE tariff by around £55. However, I am factoring this against the fact that all CEC switch deals appear to be over £100 more expensive than the provisional EDF tariff for me.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.