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Moving during the energy crisis
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Hi we have just moved in to a new home and our previous supplier doesn't serve this area. The previous owners were on a dual tariff from British Gas. Their standard variable rate is extremely high. Looking elsewhere it seems companies such as Octopus are a lot cheaper. However all the advice is not to switch during the current crisis. I'm just a little confused at what the process is and the best next steps to take. Any help would be greatly appreciated.
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You must register with BG as you are on a deemed contract with them . Register then free to move .
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nnammot said:Their standard variable rate is extremely high. Looking elsewhere it seems companies such as Octopus are a lot cheaper.That is highly unlikely, Octopus may be very slightly cheaper as they set their SVR about £10 below the cap, but you can't switch to Octopus on that rate at the moment anyway.Just register with BG and do not agree to a different tariff from the SVR, that is what you are on right now anyway as you have a deemed contract with BG from the moment you used energy in the house.
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You're unlikely to be able to move to Octopus at the moment anyway - they are no longer even giving quotes via their website and it is suggested that they aren't taking new customers on presently.
If what you were thinking of was to move suppliers and then go to a fix, at the moment that's an idea that will cost you an awful lot of money, there are simply no "cheap" fixes about any more.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
EssexHebridean said:You're unlikely to be able to move to Octopus at the moment anyway - they are no longer even giving quotes via their website and it is suggested that they aren't taking new customers on presently.
If what you were thinking of was to move suppliers and then go to a fix, at the moment that's an idea that will cost you an awful lot of money, there are simply no "cheap" fixes about any more.4.29kWp Solar system, 45/55 South/West split in cloudy rainy Cumbria.0 -
Spies said:EssexHebridean said:You're unlikely to be able to move to Octopus at the moment anyway - they are no longer even giving quotes via their website and it is suggested that they aren't taking new customers on presently.
If what you were thinking of was to move suppliers and then go to a fix, at the moment that's an idea that will cost you an awful lot of money, there are simply no "cheap" fixes about any more.
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MWT said:Spies said:EssexHebridean said:You're unlikely to be able to move to Octopus at the moment anyway - they are no longer even giving quotes via their website and it is suggested that they aren't taking new customers on presently.
If what you were thinking of was to move suppliers and then go to a fix, at the moment that's an idea that will cost you an awful lot of money, there are simply no "cheap" fixes about any more.0 -
Yes they did.4.29kWp Solar system, 45/55 South/West split in cloudy rainy Cumbria.0
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