Avro Energy - jump ship or drown in cold waters?

dosh37

Indications online suggest Avro is heading for an iceberg.

My fixed term contract ends in Dec.

Should I wait and cling to the sinking ship as it slides beneath the waves or jump overboard now before the energy price cap increases in October?

Either way I suspect I am heading for an icy grave this winter.

dosh37

Kind of ironic given global warming and a shortage of CO2.

t1redmonkey

I initiated a switch to them end of August, actually first day of contract is today but I was also thinking of cancelling or switching out straight away to Sainsburys/EON today in fact.  Then I saw the cheapish tariffs both were offering also got pulled this morning.  So now I don't really see the point.  Just going to stick with it and see what happens.

dosh37

The company balance sheet makes grim reading:-

https://forums.moneysavingexpert.com/discussion/6298311/how-can-so-many-energy-companies-fail-too-many-built-on-sand-check-out-avro

Women and children first!

dosh37

What happened to all the advice about switching supplliers to get a better deal?

It was just another con trick.

Rivers_mum

I jumped yesterday

[Deleted User]

Mine ends Feb unless they go. Best fixed rates I can find at the mo are way above what I have now. The variable rates are better for me with other providers.
Suppose I will be playing in the band.

No idea what will happen.

M4rkOne97One

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.

hubb

I am with them till November. I'm sticking. The last time we had an "energy prices are going up" scare a few years ago nowt happened. We have multi fuel burning stove and open fire if things get desperate. 

dosh37

Yes - In the good old days we could hunt around for a cheap bag of coal or go into the woods and find some logs.

That's not allowed any more. Instead we just freeze.

dosh37

I think that's called 'progress'.