We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Fixed Term Contract with LPG supplier - Can a company charge more during the contract period?

I signed a contract in March 2021 for a fixed price for one year with no more than a 3p per litre price rise in the second year with my lpg supplier.  I have recently received a letter from them saying that my price is rising (substantially!) going forward.  Are they allowed to do this during the contract period?

Comments

  • user1977
    user1977 Posts: 19,601 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Does the contract say they can?
  • As above.  We can't see your contract.  What does it say on the matter of permitted price increases?
  • If it's a fixed term contract then it simply means it exists for a certain period.  If it was a fixed price contract (and for a fixed term) that would be something else.

    As others have said, you need to clarify exactly what you agreed to.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.