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Martin is right. Better to just go with variable rate

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Comments

  • SPOWER said:
    What I don't get is why AVRO has the amout of customers that they did have.  Not once did they come up as being a cheap supplier.  Symbio, Neon Reef and PFP were the cheapest suppliers.  I check every month.  I have zero idea why it's getting the forum activity that it is.  Odd.
    You're right,in my case anyway, and i'll tell you why. When i joined them 3 year ago they were up their price wise and had excellent reviews for a smaller company. I changed tariff at least 3 times with them over the years with not one bit of bother. 

    It probably boils down to, in my case, time versus reward. I could probably have saved up to £60/80 a year by moving to one of the lot you mentioned but to be honest i was put off by the reviews and i didn't want the hassle as i'm getting a bit lazy over the years. I had previous when i joined Coop Energy years ago and bailed quickly as it was a farce from the start even though they had great prices. They clearly at that time couldn't handle the demand
    And yet they still went to the wall, while NR are still in there 
  • johnbhoy70
    johnbhoy70 Posts: 238 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 3 October 2021 at 9:23AM
    SPOWER said:
    What I don't get is why AVRO has the amout of customers that they did have.  Not once did they come up as being a cheap supplier.  Symbio, Neon Reef and PFP were the cheapest suppliers.  I check every month.  I have zero idea why it's getting the forum activity that it is.  Odd.
    You're right,in my case anyway, and i'll tell you why. When i joined them 3 year ago they were up their price wise and had excellent reviews for a smaller company. I changed tariff at least 3 times with them over the years with not one bit of bother. 

    It probably boils down to, in my case, time versus reward. I could probably have saved up to £60/80 a year by moving to one of the lot you mentioned but to be honest i was put off by the reviews and i didn't want the hassle as i'm getting a bit lazy over the years. I had previous when i joined Coop Energy years ago and bailed quickly as it was a farce from the start even though they had great prices. They clearly at that time couldn't handle the demand
    And yet they still went to the wall, while NR are still in there 
    That's right and ain't you the clever one!! Any idea what's happening in the next couple of years with regards to interest rates?? Interested in your opinion.
  • QrizB
    QrizB Posts: 18,479 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    SPOWER said:
    What I don't get is why AVRO has the amout of customers that they did have.  Not once did they come up as being a cheap supplier.  Symbio, Neon Reef and PFP were the cheapest suppliers.  I check every month.  I have zero idea why it's getting the forum activity that it is.  Odd.
    You're right,in my case anyway, and i'll tell you why. When i joined them 3 year ago they were up their price wise and had excellent reviews for a smaller company. I changed tariff at least 3 times with them over the years with not one bit of bother. 

    It probably boils down to, in my case, time versus reward. I could probably have saved up to £60/80 a year by moving to one of the lot you mentioned but to be honest i was put off by the reviews and i didn't want the hassle as i'm getting a bit lazy over the years. I had previous when i joined Coop Energy years ago and bailed quickly as it was a farce from the start even though they had great prices. They clearly at that time couldn't handle the demand
    And yet they still went to the wall, while NR are still in there 
    Neon Reef only started trading properly in early 2020. They've not posted any meaningful accounts; the set from July 2021 reflect their status in June 2020 when they were a zero-employee "micro company" start-up.
    I don't know who their backers are but they will only go bust when they run out of money.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • Bendo
    Bendo Posts: 569 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    SPOWER said:
    What I don't get is why AVRO has the amout of customers that they did have.  Not once did they come up as being a cheap supplier.  Symbio, Neon Reef and PFP were the cheapest suppliers.  I check every month.  I have zero idea why it's getting the forum activity that it is.  Odd.

    For my usage they were always there or thereabouts as the cheapest. Coupled with no exit fees they were always a decent choice.

    I think last year they may have been a couple of said a month more than the cheapest, but with no exit fee I was expecting prices to come down as we got towards summer. That didn't happen in the end though and I'm not sure it's going to happen any time soon now.
  • ihatetrump
    ihatetrump Posts: 438 Forumite
    100 Posts First Anniversary Name Dropper
    @SPOWER

    What I don't get is why AVRO has the amout of customers that they did have.  Not once did they come up as being a cheap supplier.  Symbio, Neon Reef and PFP were the cheapest suppliers.  I check every month.  I have zero idea why it's getting the forum activity that it is.  Odd.

    One of the reasons is that AVRO sold its energy at cost (at least according to the last accounts it filed - for the period ending June 2019) - its' whole business model appears tp have been built on adding more and more customers while at the same time ensuring that many customers were paying 'up front' by building up a credit balance.

    AVRO frequently came at the the top of the Cheap Energy Club comparisons - at least they did for me - fortunately I did some research first (Companies House) and avoided them.

    You might find some of the comments on this link interesting:

    https://forums.moneysavingexpert.com/discussion/6299057/was-avro-trading-illegally-or-fraudulently-for-the-last-2-years-was-it-like-a-ponzi-scheme/p1


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