Bulb Energy into administration - Moving into property currently supplied by Bulb

Hello,

I am new to this forum so please forgive me if this is posted in the incorrect area.

My question is as follows and I'd be grateful for any advice/experience re such matters.

I am moving into a new property very soon which is currently supplied by Bulb Energy - should I sign up with them and ride out the administration process the ultimate outcome?

Note 1: I contacted British Gas (BG) and asked this and their staff recommended staying with Bulb in order not to generate confusion and look at switching later but also to keep an eye on the Ofgem website for news re Bulb. BG also outlined the supplier of last resort process etc.

Note 2: I also contacted Bulb and received a rather mixed message but which implied that any early switching effort might result in Bulb "objecting" to the switch thus creating more mess. Bulb also said they'd be looking forward to having me as a customer.

TIA,

chrisk

Comments

  • If the property you are moving to was with Bulb then you HAVE to sign with them to start, after that its really pointless moving anywhere else as a) some companies arent even accepting new custom, and b) the ones that are are charging the same anyway.
  • MWT
    MWT Posts: 9,962 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Bulb will be your supplier, you will need to register with them first and set up an account and payment method.
    That part is not optional and failure to do so can result in a lot of avoidable problems later on if you do switch away.
    In the short term you are unlikely to be able to find anywhere cheaper to switch to anyway, so check again in January and see where things are by then.
  • jimjames
    jimjames Posts: 18,522 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    chrisk4 said:
    BG also outlined the supplier of last resort process etc.

    The SOLR process isn't relevant here as Bulb is being run under Special Administration so will carry on trading and customers will not be moved to another supplier at least in the short/medium term.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • dbks
    dbks Posts: 336 Forumite
    100 Posts Name Dropper First Anniversary
    If the property you are moving to was with Bulb then you HAVE to sign with them to start, after that its really pointless moving anywhere else as a) some companies arent even accepting new custom, and b) the ones that are are charging the same an awful lot more anyway.
    Corrected it for you :)

    Only suppliers default tariffs are the same price as Bulb, and no supplier I know of is accepting new customers onto their default /standard variable tariff.
  • Fair point!
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