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Credit balance

I have just switched from Igloo to Avro, because of the massive price increases since I switched to Igloo in July. This may have been a decision made in haste.... 
Anyway, I have £350 credit balance at Igloo - is this safe? If there are any problems with Igloo, will I get my money back?  No doubt this has been asked before but on a quick search I couldn't find anything.
Thanks for any help in calming my worries.

Comments

  • first thought (not related directly to the question being asked granted!) is are you really £350 in credit? July - September = 3 months, that's a very short timescale to get £350 in credit! Was that what was shown on your final bill? If so, then yes it will be refunded around 6 weeks (maybe 6-8) after the issue of the final bill.
  • I have similar issues. Over £400 in credit and they are increasing my direct debit as well! I have been online to stop the increase and reclaim part of the credit amount but I can't find the pages/links to do so. I am absolutely positive I have done both of these things on line before. Have they removed them deliberately maybe. 
  • dbks
    dbks Posts: 336 Forumite
    100 Posts Name Dropper First Anniversary
    edited 21 September 2021 at 1:50PM
    swinstan said:
    I have similar issues. Over £400 in credit and they are increasing my direct debit as well! I have been online to stop the increase and reclaim part of the credit amount but I can't find the pages/links to do so. I am absolutely positive I have done both of these things on line before. Have they removed them deliberately maybe. 
    https://support.avroenergy.co.uk/hc/en-us/articles/360013739358-If-You-Are-Unhappy

    or

    https://support.igloo.energy/hc/en-us/articles/360000886625-Complaints-Policy-and-Performance

    as appropriate :)





  • gt94sss2
    gt94sss2 Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I have just switched from Igloo to Avro, because of the massive price increases since I switched to Igloo in July. This may have been a decision made in haste.... 
    Anyway, I have £350 credit balance at Igloo - is this safe? If there are any problems with Igloo, will I get my money back?  No doubt this has been asked before but on a quick search I couldn't find anything.
    Thanks for any help in calming my worries.
    Yes, any credit balance is safe, even if the supplier collapses and you would eventually get your money back
  • I'm in the middle of switching from igloo to Avro (Avro email last week says it will happen on 1 Oct). I've got a credit balance of £200. My last bill was dated 16 Sept for £50. Credit has built up because they've taken £75 x2 & then £85 by DD since I joined. Also had a £47 bonus credit for switching to them. My concern is both igloo & Avro go bust and my credit falls through the cracks in the system.
  • Thanks all - it is a high credit balance, assume because I switched in the summer and they operate direct debits at one amount all year. 
  • I'm in the middle of switching from igloo to Avro (Avro email last week says it will happen on 1 Oct). I've got a credit balance of £200. My last bill was dated 16 Sept for £50. Credit has built up because they've taken £75 x2 & then £85 by DD since I joined. Also had a £47 bonus credit for switching to them. My concern is both igloo & Avro go bust and my credit falls through the cracks in the system.
    Yes this completely! I'll take screenshots of my account etc to be on the safe side. Maybe I should ask for the credit balance back before the switch takes place? When I switched to Igloo I owed money to previous provider Soenergy, which was settled by DD after the switch had taken place (from Soenergy). I think I'll ask Igloo for the money back and then hopefully it will be settled relatively quickly.....
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