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Green Energy fixed tariff - what happens next?

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What_time_is_it
What_time_is_it Posts: 867 Forumite
500 Posts Third Anniversary Name Dropper
edited 6 September 2022 at 12:53PM in Energy
A short while ago I signed up for a fixed tariff with Green Energy UK. At the time the government and both leadership candidates were adamant that they would not freeze the price cap, so I calculated the "least worst" option of signing up for a 1 year fix that would be more expensive than the Summer price cap, but cheaper than the Oct-Dec and Jan-Mar price caps.

If the government now decide to freeze the price cap (a policy that I would totally support by the way, and one that should have been announced MONTHS ago) will I be able to switch supplier?

There are no exit fees with Green Energy, but they do not offer SVT.

Anyone else in the same boat?
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Comments

  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 September 2022 at 12:56PM
    If you can find one that will take you, yes. & my guess is that if the government is backing the suppliers such that they can make a profit on SVT more of them will. 
    I would mention 2 caveats though:
    1) we don't yet know how long the freeze will be or at what level
    2) some of the other suppliers have terrible customer service

    & yes, I am in the same boat & I am also sure that many others on here are too.
  • I plan to switch it to EDF unless GEUK offer a comparable SVT.
  • Thanks @The_Green_Hornet
    Were you with EDF before?
    And do you think they will accept new customers?

  • Thanks @The_Green_Hornet
    Were you with EDF before?
    And do you think they will accept new customers?

    I'm with EDF for gas and when I looked at Change Tariff on my account it allows me to request both electric and gas if I switch to their SVT.

    I don't know about new customers though.
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 September 2022 at 4:12PM
    Part of the reason that I took the GEUK fix was to get away from EDF ...  :p
  • BUFF said:
    Part of the reason that I took the GEUK fix was to get away from EDF ...  :p
    Unlike many on here, since moving over to them from Zog, I have never had a problem with EDF.

    Yes their systems are archaic, and you only receive a statement every six months, but as long as you keep your own records, send in monthly meter readings and adjust you direct debit when tariffs change I find them no better or worse than any of the others I've used.
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    They are imo worse than all the others that I have been with. What's odd is that they are worse now than they were many years ago (when I was with them before) ...
  • BUFF said:
    They are imo worse than all the others that I have been with. What's odd is that they are worse now than they were many years ago (when I was with them before) ...
    I suppose that just goes to show that we all have different experiences ...
  • BUFF
    BUFF Posts: 2,185 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 September 2022 at 8:58PM
    I noticed recently someone else commenting similarly re. EDF cs/invoicing & statements being worse now than they were years ago.

    Like you I was SOLRed from Zog to EDF, I was similarly SOLRed from Neon Reef to BG - of the 2, BG were better (although still not good) imo.
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