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I don't know what to do about moving home and new tariffs and bills now!

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  • dbks
    dbks Posts: 336 Forumite
    100 Posts Name Dropper First Anniversary
    MWT said:
    GrumpyDil said:
    That's good but have you asked about getting the prepayment meter removed as that will be more expensive than being on their SVR tariff? 
    If I remember correctly, Boost are prepayment only, so that would require a switch …
    Boost is just a trading name of Ovo Energy. :)
  • dbks
    dbks Posts: 336 Forumite
    100 Posts Name Dropper First Anniversary
    edited 3 November 2021 at 9:01AM
    Armengar said:
    I thought all suppliers must offer an SVR deemed as part of their supplier licence? They might not sell this openly but must have the option to do so internally.
    All suppliers will have a default tariff for those on deemed supply contracts.

    Default tariffs will be variable and have no exit fees.

    There is no 'option' as such to go onto a default tariff, as opting into a supply contract means you are not on a deemed supply contract.

    A deemed supply contract exists where a customer does not enter into any express supply agreement with the supplier, but uses their energy, such as when moving into a property supplied by that supplier (and not agreeing to any other tariff) or not agreeing to another tariff when a fixed term tariff expires.
  • Armengar
    Armengar Posts: 223 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 3 November 2021 at 4:48PM
    which was exactly what I was getting at.
  • molerat
    molerat Posts: 34,584 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 3 November 2021 at 6:49PM
    There should be no big panic about being on pre-pay now, apart from having to remember to top up and with Boost it is all on line anyway, as the capped price at 3100kWh is only £5 pa dearer than DD.  Gas is a bit more expensive at +£25 pa at 12000kWh.
  • MWT
    MWT Posts: 10,261 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    dbks said:
    MWT said:
    GrumpyDil said:
    That's good but have you asked about getting the prepayment meter removed as that will be more expensive than being on their SVR tariff? 
    If I remember correctly, Boost are prepayment only, so that would require a switch …
    Boost is just a trading name of Ovo Energy. :)
    True, but it is still technically a switch to move between them. 
  • MWT
    MWT Posts: 10,261 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    dbks said:
    Armengar said:
    I thought all suppliers must offer an SVR deemed as part of their supplier licence? They might not sell this openly but must have the option to do so internally.
    All suppliers will have a default tariff for those on deemed supply contracts.

    Default tariffs will be variable and have no exit fees.

    There is no 'option' as such to go onto a default tariff, as opting into a supply contract means you are not on a deemed supply contract.

    A deemed supply contract exists where a customer does not enter into any express supply agreement with the supplier, but uses their energy, such as when moving into a property supplied by that supplier (and not agreeing to any other tariff) or not agreeing to another tariff when a fixed term tariff expires.
    That got a bit circular, but the basic point remains that the 'deemed' tariff is the suppliers Standard Variable Rate tariff which is capped by Ofgem, and a customer can choose to be on it, so you can choose to go onto the 'deemed' tariff as it isn't something separate, it is just the SVR...

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