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Moving House + Switching Energy

george4064
george4064 Posts: 2,904 Forumite
Part of the Furniture 1,000 Posts Photogenic Name Dropper
I am currently on an EON 1year fix expiring on 25th May 2021, so I am within the switching period.
I have an offer on my flat and looks likely I might sell and move back in with my parents for a bit, all going well I anticipate living in my for another few months or so.

Is there a flexible tariff I can switch to where I won't incur any exit costs? Bearing in mind I will be exiting the tariff and not switching to another supplier.

Thanks in advance,
George
"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

Save £12k in 2025 - #024 £1,450 / £15,000 (9%)

Comments

  • Gerry1
    Gerry1 Posts: 10,684 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You can switch from an E.On fixed tariff to an E.On variable tariff without penalty, and then end the contract without penalty.  But do check first !
  • george4064
    george4064 Posts: 2,904 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Gerry1 said:
    You can switch from an E.On fixed tariff to an E.On variable tariff without penalty, and then end the contract without penalty.  But do check first !
    I assume that would happen by default, but I'd expect there to be cheaper 'non-fixed' tariffs out there than E.ON's variable tariff?
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • Gerry1
    Gerry1 Posts: 10,684 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    More than likely, but the main (and unusual) point is that you can avoid a fixed E.On tariff's exit fees by first switching to an E.On variable tariff.  I was assuming that you wanted to renew on a cheap E.On fixed tariff until close to moving time.
  • george4064
    george4064 Posts: 2,904 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Gerry1 said:
    More than likely, but the main (and unusual) point is that you can avoid a fixed E.On tariff's exit fees by first switching to an E.On variable tariff.  I was assuming that you wanted to renew on a cheap E.On fixed tariff until close to moving time.
    Thanks. Upon closer inspection it seems E.On have a number of fixed tariffs that have no exit fees, seems this is my best option rather than going on the default variable tariff...
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
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