With Good Energy, who are not subject to the energy cap

Mandolina1

Hello! Just under a year ago I switched to Good Energy, because I wanted my bills to directly fund clean, renewable energy, and I got a really good fixed tariff (sadly only until this June, but I’m grateful for that at least). The worrying thing is that after that, Good Energy is one of just 3 energy suppliers in the U.K. which is exempt from the government’s energy cap, because it was understood that as a company they exist solely to create new sources of renewable energy, which needs investment. As a result, my per KWh price will almost certainly be much higher than the cap, when my fixed tariff ends. I can’t afford that. But as far as I can see, other suppliers aren’t accepting new customers onto a variable tariff set at the cap, just onto new (and much, much higher) fixed deals (presumably based on what they think the next huge cap rise might be in October). Has anyone had any experience of switching to the variable ‘capped’ tariff of a major supplier in the past couple of weeks? Or are there any other Good Energy customers in a similar position? 

MattMattMattUK

Mandolina1 said:

Hello! Just under a year ago I switched to Good Energy, because I wanted my bills to directly fund clean, renewable energy, and I got a really good fixed tariff (sadly only until this June, but I’m grateful for that at least). The worrying thing is that after that, Good Energy is one of just 3 energy suppliers in the U.K. which is exempt from the government’s energy cap, because it was understood that as a company they exist solely to create new sources of renewable energy, which needs investment. As a result, my per KWh price will almost certainly be much higher than the cap, when my fixed tariff ends. I can’t afford that. But as far as I can see, other suppliers aren’t accepting new customers onto a variable tariff set at the cap, just onto new (and much, much higher) fixed deals (presumably based on what they think the next huge cap rise might be in October). Has anyone had any experience of switching to the variable ‘capped’ tariff of a major supplier in the past couple of weeks? Or are there any other Good Energy customers in a similar position? 

You will almost certainly be able to switch over to one British Gas or EDF's SVR and possibly Octopus, or one of the Octopus EV tariffs if you have an EV, however at the moment you can only do that on the phone, not online or via a switching service.