Tomato Energy (Electric Only Supplier) - Too Good To Be True ?

lohr500

More bad news for Tomato Energy?

https://www.ofgem.gov.uk/publications/tomato-energy-limited-provisional-order

Probably no surprise. 

QrizB

lohr500 said:

More bad news for Tomato Energy?
https://www.ofgem.gov.uk/publications/tomato-energy-limited-provisional-order

Tomato are ordered by Ofgem (amongst other things) "to refrain from all sales, marketing and customer acquisition activity, including the acquisition of any new domestic and non-domestic customers, until the Authority is satisfied the conditions in the Provisional Order have been met."

grandadgolfer

I sometimes get the impression people would love them to go under…..strange

GingerTim

lohr500 said:

More bad news for Tomato Energy?

https://www.ofgem.gov.uk/publications/tomato-energy-limited-provisional-order

Probably no surprise. 

I'm still doing lottery numbers, by the way.

GingerTim

QrizB said:

lohr500 said:

More bad news for Tomato Energy?
https://www.ofgem.gov.uk/publications/tomato-energy-limited-provisional-order

Tomato are ordered by Ofgem (amongst other things) "to refrain from all sales, marketing and customer acquisition activity, including the acquisition of any new domestic and non-domestic customers, until the Authority is satisfied the conditions in the Provisional Order have been met."

Rather more serious than the recent winding-up order.

SJMALBA

grandadgolfer said:

I sometimes get the impression people would love them to go under…..strange

I suspect your impression is wrong - people, some of whom are TE customers (or are hoping to be), are, unsurprisingly, keeping a close eye on all of the myriad developments - entirely sensible, I would have thought?

TroubledTarts

grandadgolfer said:

I sometimes get the impression people would love them to go under…..strange

More like current TE customers keeping abreast of their worsening financial situation and deciding when best to jump before they sound the general (SOLR) alarm.

Many of us have been here before with unbelievably cheap energy suppliers that come and go.

masonic

Indeed. That is enough for me to head for the hills. It's been great while it's lasted, but my usage now is very low and given the ongoing meter reading issues I don't think the reduced saving vs Octopus Agile is worth the risk of a billing dispute with the administrators.

Good luck to all who stay put!

If they survive until winter maybe I'll be back.

TroubledTarts

masonic said:

Indeed. That is enough for me to head for the hills. It's been great while it's lasted, but my usage now is very low and given the ongoing meter reading issues I don't think the reduced saving vs Octopus Agile is worth the risk of a billing dispute with the administrators.

Good luck to all who stay put!

If they survive until winter maybe I'll be back.

Yep hit the transfer button.

Doc_N

Given the serious legal issues around trading whilst insolvent, one has to assume that they are at least still solvent.