Peoples Energy Cease To Trade

badmemory

I wonder how long the SoLR will drag it out for us on a standard tariff before they condescend to let us go?  That is, after all, how they make their money on these deals.  I'm guessing 2 months.  A nice little earner.

[Deleted User]

badmemory said:

I wonder how long the SoLR will drag it out for us on a standard tariff before they condescend to let us go?  That is, after all, how they make their money on these deals.  I'm guessing 2 months.  A nice little earner.

You can safely switch the moment that the SoLR appears in ‘who is my supplier’. This means that the database has been updated and any switch should go through. You do not have to wait until the account has been set up. 

MoJoeGo

[Deleted User] said:

badmemory said:

I wonder how long the SoLR will drag it out for us on a standard tariff before they condescend to let us go?  That is, after all, how they make their money on these deals.  I'm guessing 2 months.  A nice little earner.

You can safely switch the moment that the SoLR appears in ‘who is my supplier’. This means that the database has been updated and any switch should go through. You do not have to wait until the account has been set up. 

...which I remember still took weeks to update after BGE took over as SOLR for Simplicity.

Mind you I did get a bit of compo for that as they made a mess of explaining when the new (awful) tariff was meant to apply from...

heathen23

We've been with Peoples Energy for over 3 years. We moved house a couple of months ago and have only just about completed the process of switching back to PE from the supplier we inherited with the house, SSE. We had been on a fixed tariff with PE to avoid the price hikes for a while and when we switched back to them we got back onto the fixed tariff we had been on at our old address. Then on Monday I had a letter from SSE and it transpired that the electric had switched to PE but the gas hadn't so we were half with PE and half with SSE! I couldn't get through to anyone at PE on Monday so emailed and never had a reply, now I know why. No idea what to do now! Will we lose access to a fixed tariff because of having to wait for Offgem to switch us to a new supplier, which won't happen until after the price rise? This is going to be a big problem for us - we had counted on being locked in at a lower rate until at least next March.

Magsmith

I joined People's Energy because I loved their idea of a Company not looking for huge profits. I even contributed to get them started. Saddened that they couldn't make it work. Lesson learned 

TARDIS

I switch to peoples energy at the start of the year after my last supplier went bust.
Never managed to logon to my account despite many emails/calls so no idea if in much credit or not. Hopefully will find out at some point.

Getting a wind turbine and going off grid is starting to look more appealing!

QrizB

TARDIS said:

Getting a wind turbine and going off grid is starting to look more appealing!

I know (or hope) this was a joke but really, don't get a wind turbine unless you live on a hill or cliff somewhere and have a paddock or larger area to erect it. The (more reputable) people who sell them will warn you about inappropriate siting.

http://www.windandsun.co.uk/information/wind-power/wind-power-basics.aspx

qwertytyty

would have been nice if they actually sent an email to say this, rather than reading it on reddit....

What should PE customers do now, sit and wait or move?

Hawkeye68

LadyPen56 said:

If I keep my direct debit active, does anyone know if they will they call for the payment? If so, will this be transferred to the new supplier? Or should I cancel it?

I cancelled mine yesterday and they tried to take it today even though it isn't due until 24th.

MoJoeGo

Well, given that the bad news about energy prices keeps coming ( https://www.bbc.co.uk/news/business-58579829 ), I decided to try and switch immediately - it may well fail but I figured it was at least worth a go...

Sainsbury have about the best tariff around and it's fixed for 2 years with no exit penalties, plus some bonus Nectar points.