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When to switch away from SoLR
Like millions of others, my supplier (TE) went bust and BG is now my SoLR.
I have checked that BG are listed as my supplier and the account has been opened. They tell me they only provide 2 bills a year which will not be enough to keep a lid on the credit they intend to build up. I got bitten on that one when YE went bust so I do like to check each month.
Reading this: https://www.moneysavingexpert.com/news/2022/03/bust-energy-suppliers-credit-delays-survey/
has made me consider that I really am with the worst power company and I should consider switching.
I'd be switching for customer service (including billing my way) and not for a meaningfully cheaper deal, assuming I can get a SVR from a supplier of choice.
But if I switch away from the SoLR before I've got the Final Statement of my TE account, will I get the credit back, or will it be harder to raise complaints because I'm no longer a BG customer?
Should I switch, or wait - which it seems is likely to be at least 4 months - what do you think are the advantages/disadvantages?
I have checked that BG are listed as my supplier and the account has been opened. They tell me they only provide 2 bills a year which will not be enough to keep a lid on the credit they intend to build up. I got bitten on that one when YE went bust so I do like to check each month.
Reading this: https://www.moneysavingexpert.com/news/2022/03/bust-energy-suppliers-credit-delays-survey/
has made me consider that I really am with the worst power company and I should consider switching.
I'd be switching for customer service (including billing my way) and not for a meaningfully cheaper deal, assuming I can get a SVR from a supplier of choice.
But if I switch away from the SoLR before I've got the Final Statement of my TE account, will I get the credit back, or will it be harder to raise complaints because I'm no longer a BG customer?
Should I switch, or wait - which it seems is likely to be at least 4 months - what do you think are the advantages/disadvantages?
Decluttering awards 2025: 🏅🏅🏅🏅⭐️ ⭐️⭐️, DH: 🏅⭐️ and one for Mum: 🏅
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YBR said:I have checked that BG are listed as my supplier and the account has been opened. They tell me they only provide 2 bills a year which will not be enough to keep a lid on the credit they intend to build up. I got bitten on that one when YE went bust so I do like to check each month.Take your own meter readings, keep your own running total of bills vs. payments. If you think you're too much in credit, ask BG for a refund.
But if I switch away from the SoLR before I've got the Final Statement of my TE account, will I get the credit back, or will it be harder to raise complaints because I'm no longer a BG customer?
Will you still get your credit? Yes.Will it take longer? Possibly.Will it be harder to complain? Possibly.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!0 -
Is it any wonder people switch away from the Big-Dinosaur companies when they don't issue monthly bills, like the challenger suppliers. It's not the 1960s any more! (although with the risk of nuclear annihilation just around the corner, perhaps they are on-trend, after all?)
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Is the biannual billing because you've been set up as "pay on receipt of bill" rather than monthly DD? I was SoLR'd to BG and set up a DD fairly quickly and they started billing monthly.
You will still get your credit back but it may well take longer if you're no longer a BG customer. As an example I was with PFP and got transferred to BG in September. I left BG in November. In the last few weeks ex-PFP customers on this forum have reported seeing credits applied to their BG accounts. I haven't - my account shows Closed with a £0.00 balance. So I'm expecting to be back of the queue for credit refund.0 -
You may struggle to find another supplier to take you on at the SVR. They will welcome you with open arms at their lovely new fixed rate tariffs.1
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bagand96 said:Is the biannual billing because you've been set up as "pay on receipt of bill" rather than monthly DD? I was SoLR'd to BG and set up a DD fairly quickly and they started billing monthly.
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EDF are a pain with their length billing periods, too.🎉 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/her1 -
Verdigris said:Is it any wonder people switch away from the Big-Dinosaur companies when they don't issue monthly bills, like the challenger suppliers. It's not the 1960s any more! (although with the risk of nuclear annihilation just around the corner, perhaps they are on-trend, after all?)Never pay on an estimated bill. Always read and understand your bill1
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jrio said:bagand96 said:Is the biannual billing because you've been set up as "pay on receipt of bill" rather than monthly DD? I was SoLR'd to BG and set up a DD fairly quickly and they started billing monthly.Remember the saying: if it looks too good to be true it almost certainly is.0
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With Octopus if you submit a meter reading a bill is produced within a couple of days. I was moved to them after Avro went under, I had everything sorted out within 2 months including the credit I had with Avro. I like the way Octopus do billing, it will mean that on the 31/3/22 I will submit a meter reading and they will not overcharge me for the 1/4/22 increase. I intend to give them readings as close to midnight as I possibly can.Someone please tell me what money is0
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jimjames said:jrio said:bagand96 said:Is the biannual billing because you've been set up as "pay on receipt of bill" rather than monthly DD? I was SoLR'd to BG and set up a DD fairly quickly and they started billing monthly.🎉 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/her1
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