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Simplicity Energy - Ceasing to Trade

Simplicity Energy has stopped trading putting another 50000 customers into the SoLR process.
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Comments

  • Shedman
    Shedman Posts: 1,536 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 28 January 2021 at 12:31AM
    yep...it's great news 🤬.  Switched to Simplicity after being SOLR'd to ScotPower from YE and hey presto less than a week later I'm back in the same process.  
    Probably wouldn't be too big an issue if it were just Simplicity with 50,000 to SOLR, but with GNE going at same time with another 360,000 it's going to slow things down for sure.

    Who's your money on next to go ....Neo, UP, Neon Reef, Green Energy? 
  • macman
    macman Posts: 53,098 Forumite
    First Post First Anniversary Name Dropper
    If 6 weeks with SP (SoLR'd from YE like you) hadn't wiped out my cashflow, I'd happily wager you a tenner on Symbio. They haven't been paying their RO's and FIT's to Ofgem and are about to be hit with a £100K fine.  
    I doubt they'll last until the end of February.?
    As someone said on another thread, we'll soon be down to the Big Seven at this rate.
    No free lunch, and no free laptop ;)
  • brewerdave
    brewerdave Posts: 8,582 Forumite
    Name Dropper Part of the Furniture First Post
    Shedman said:

    Who's your money on next to go ....Neo, UP, Neon Reef, Green Energy? 
    Sincerely hope its not Neon Reef - due to switch from Green to NR on 5th Feb. I had my share of SOLR processes in 2018 with 3 failures !!
  • spot1034
    spot1034 Posts: 901 Forumite
    Part of the Furniture 500 Posts Name Dropper
    I'm due to join Symbio next week and have been watching their prices since I signed up at new year. Almost immediately after I had done so they raised their rates, then a couple of weeks later brought them down to the extent that I could have done a slightly better deal (but nothing significant) but I see that in the past couple of days their prices have gone up again perhaps in response to the fine imposed by Ofgem. I hope they survive for a while as I am looking forward to a bit of entertainment as one of their customers having heard so much about them from this forum!
  • Shedman
    Shedman Posts: 1,536 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Shedman said:

    Who's your money on next to go ....Neo, UP, Neon Reef, Green Energy? 
    Sincerely hope its not Neon Reef - due to switch from Green to NR on 5th Feb. I had my share of SOLR processes in 2018 with 3 failures !!
    So do I otherwise I'll be dealing with my stepdaughters as well as our own...  

    Fast catching up with you on SOLRs....didn't expect 2 in less than 2 months.

    Anyone found out what pushed Simplicity over...just find it odd given that they have just started promoting EV chargers and rolling out smart meters
  • Shedman
    Shedman Posts: 1,536 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 30 January 2021 at 6:32PM
    If they stick us on Direct Online Only v4 fixed (which is the only tariff I get when I do a quote through BG Evolve site) then, without taking a yet another risk on one of the smaller providers such as Neo, Goto Energy or Neon Reef/Zog combo, there only seems to be about £50-60 saving to be made by switching with the latest rates available now (with Avro).  Looks like a case of bunker down, take the hit and stay put and see what's available in the market come late spring/summer.
  • Shedman
    Shedman Posts: 1,536 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic

    https://www.ofgem.gov.uk/publications-and-updates/simplicity-customers-your-questions-new-supplier-british-gas-evolve

    When will I be switched from Simplicity to British Gas Evolve?

    Simplicity customers will be transferred to a new contract with British Gas Evolve from Sunday 31 January 2021. British Gas Evolve will then contact all customers to explain what happens next. 

    If you haven't heard from them within a few days, please get in contact using the details below. 

    Website: www.britishgasevolve.co.uk/simplicity-energy-faqs

    Phone: 0330 808 3880

    Email: service@britishgasevolve.co.uk



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