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Another should I fix question -EDF £150 cashback

rothchick
rothchick Posts: 167 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
Here is a screen shot of the offer with £150 cash back from EDF. Can I ask what happens to the government payment of £400 ? Will this reduce my payment down the line?
thank you 


I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
«1

Comments

  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Is this a quote from this morning?

    The unit rates look very good compared to the 8th July prediction, even better to the bad news from yesterdays prediction.

    If you consider it, you should enquire with them if you have a cool off period (you should) and if so take the tariff as long as it is available and than start thinking if you want it. It is very likely it will go very soon.

    Nobody knows how the the £400 will work, most common thought is that from October you will get for 6 month a £66.67 credit to you account.
  • rothchick
    rothchick Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Yea, screen shot from this morning
    I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
  • rothchick
    rothchick Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    It’s not there now, getting an error message - wonder if I missed it already!
    I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
  • rothchick said:
    It’s not there now, getting an error message - wonder if I missed it already!
    Gone from my account too.
  • aatmohs
    aatmohs Posts: 24 Forumite
    10 Posts First Anniversary
    It was there 5 minutes ago and gone too from my account.
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    This was to be expected after yesterdays headlines, and happened every single time there was an increase to the predicted cap.

    At the moment you need to be fast if a reasonable tariff is offered. Take it and than consider in the 2 weeks you have to consider the deal.
  • rothchick
    rothchick Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Oh well, back to the drawing board for me then 😂 
    I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
  • Gone from my account as well.

    After dithering for a while, I’ve opted to switch to the Green Energy fix - before that one goes as well .

    Application accepted so now in 14 day cooling off period 
  • rothchick
    rothchick Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I don’t see any green fix on mine - just a total long term fix and total with boiler cover . 
    I love a bargain and saving money! I don't have any debts and mortgage repaid in 2020
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    @northernsparky is referring to the Sparkle tariff at Greenenergyuk.

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