Moving home fuel query EDF

Reed_Richards

slimbuck said:
... you do not need to physically move into the new address; you simply need to be legally responsible for paying the bills there e.g. by completing a purchase.

So you think the OP has already bought the new house but has not yet moved in because it needs repairs - that makes sense (perhaps I did not read the original post carefully enough).  So ideally the OP wants a fixed rate contract with no exit fee to tide them over in the old house until they move?    

slimbuck

Reed_Richards said:

slimbuck said:
... you do not need to physically move into the new address; you simply need to be legally responsible for paying the bills there e.g. by completing a purchase.

So you think the OP has already bought the new house but has not yet moved in because it needs repairs - that makes sense (perhaps I did not read the original post carefully enough).  So ideally the OP wants a fixed rate contract with no exit fee to tide them over in the old house until they move?    

Yes, that was the type of thing I thought the OP was describing they were in.

I wouldn't necessarily rule out any fixed tariff with early exit fees, but it is something the OP should take into consideration.
Early exit fees can be as little as £5 per fuel, and so depending on the level of savings a fixed tariff could provide, then it may be worth paying an early exit fee.

Also most, but not all, suppliers even if they apply early exit fees do not charge them when a contract ends due to the customer no longer being legally responsible for the supply address (e.g. end of tenancy, sale of property, etc). So it needs checking.

Similarly, it is also possible with a few suppliers to avoid their early exit fees by transferring to another tariff of theirs, such as their default tariff that does not then apply exit fees when you eventually leave it.

All things the OP may wish to investigate carefully in advance if they wish to save every last penny. But the main concern by the OP was said to be to have some control over what they will pay in the future.

niktheguru

slimbuck said:

I wouldn't necessarily rule out any fixed tariff with early exit fees, but it is something the OP should take into consideration.
Early exit fees can be as little as £5 per fuel, and so depending on the level of savings a fixed tariff could provide, then it may be worth paying an early exit fee.

Also most, but not all, suppliers even if they apply early exit fees do not charge them when a contract ends due to the customer no longer being legally responsible for the supply address (e.g. end of tenancy, sale of property, etc). So it needs checking.

Similarly, it is also possible with a few suppliers to avoid their early exit fees by transferring to another tariff of theirs, such as their default tariff that does not then apply exit fees when you eventually leave it.

All things the OP may wish to investigate carefully in advance if they wish to save every last penny. But the main concern by the OP was said to be to have some control over what they will pay in the future.

This answer above is essentially the answer to the question i think the OP was asking.

It sounds like hes sorted his fixed deal at the new property. His current deal in old property with EDF (ex GNE) will run out next month, but he is still living there for 2-3 months while repairs happen at the new place. He wants to know how to keep the costs down at the old place when his cheap rate ends and he is moved to a standard rate tariff.

As slimbuck said the options are
1. Move to cheapest variable rate tariff with EDF
2. Move to cheapest tariff on a comparison site with no exit fee
3 Move to a fixed deal with no exit fee
4. Move to a fixed deal with a low exit fee. (e.g. so energy has a £5 exit fee)
5. Move to a fixed deal with a supplier, then before leaving move to its variable deal and then close the account)

To be honest the answer for you will depend on exactly how long you are staying for. If its gonna be a couple of weeks, theres no point with the hassle of moving suppliers, and just go on the cheapest variable rate with edf and close the account when you leave.

If its going to be a couple of months then it makes sense to switch to the cheapest deal elsewhere. But I woudl suggest avoiding the very small companies with bad customer service (e.g.symbio, pfp, neo etc etc) as the saving wont be worth it for the hassle of advanced payments and delay in getting any credit back.

Good luck.

cloudyskies

Many thanks for replies.
Clearly my question wasn't as understandable as I thought. The most recent replies seem to get what I was trying to ask.
New property was on variable tariff with Shell, did price comparison and took contract with E-on Next.
 Will do as suggested above and check most suitable tariff with no/low exit fee, after checking cheapest variable rate with EDF.