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

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Comments

  • bagand96
    bagand96 Posts: 6,628 Forumite
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    Does anyone know when their tariff year expires (mines from October last year) does it just continue or do Tomato contact you for renewal and i assume a worse version like tracker has done yearly?
    According to the Facebook Tomato Users group tariffs are just rolling on at current rates for now, until such a time Ofgem lift the Provisional Order stopping new sales. 
  • GingerTim
    GingerTim Posts: 2,703 Forumite
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    edited 26 September at 8:21PM
    Squashed tomatoes?

    The process of revoking Tomato's licence has begun after failure to comply with the Provisional Order - they've got 3 months. Don't hold your breath.

    They've had far more chances than they deserve and still can't sort themselves out.

    https://www.ofgem.gov.uk/sites/default/files/2025-09/Tomato_Energy_Limited_Notice_of_Failure_to_Comply_(Unsigned).pdf

    https://www.ofgem.gov.uk/publications/tomato-energy-limited-provisional-order
  • MWT
    MWT Posts: 10,386 Forumite
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    GingerTim said:
    The process of revoking Tomato's licence has begun after failure to comply with the Provisional Order - they've got 3 months. Don't hold your breath. 

    3 months and then 30 days from when Ofgem actually serve notice of their intention to cancel the License. 
    I would strongly suspect they will go into administration before that happens...

  • masonic
    masonic Posts: 27,869 Forumite
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    edited 26 September at 9:43PM
    It certainly isn't going to help them secure the investment they desperately need.
    "The 42-day period within which any application could have been made by Tomato Energy, pursuant to section 27 of the Electricity Act, questioning the validity or effect of the Provisional Order published on 11 July 2025 and served on Tomato Energy on 09 July 2025 has now expired without initiation of any such application or
    of proceedings relating to such;
    - For the avoidance of doubt, Ofgem avers that any such application pursuant to
    section 27 of the Electricity Act would have been entirely without merit."
    Ouch!
  • GingerTim
    GingerTim Posts: 2,703 Forumite
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    MWT said:
    GingerTim said:
    The process of revoking Tomato's licence has begun after failure to comply with the Provisional Order - they've got 3 months. Don't hold your breath. 

    3 months and then 30 days from when Ofgem actually serve notice of their intention to cancel the License. 
    I would strongly suspect they will go into administration before that happens...

    Agreed. You'd think if Farouk had any sense he'd pull the plug now rather than keep chucking good money after bad.
  • Newbie_John
    Newbie_John Posts: 1,300 Forumite
    1,000 Posts Second Anniversary Name Dropper
    GingerTim said:
    MWT said:
    GingerTim said:
    The process of revoking Tomato's licence has begun after failure to comply with the Provisional Order - they've got 3 months. Don't hold your breath. 

    3 months and then 30 days from when Ofgem actually serve notice of their intention to cancel the License. 
    I would strongly suspect they will go into administration before that happens...

    Agreed. You'd think if Farouk had any sense he'd pull the plug now rather than keep chucking good money after bad.
    At the same time he knew their answer few months back (if you provide financially bad data to ofgem) and still did some big payments.
    In his recent message he wrote "OFGEM does what it needs to do", so they did - although giving them 4 months of breathing space - October, November, December, January - may work in their interest if they're close to something. 

    Nothing really changed, they're still here, still provide electricity and as usual the future isn't bright 😎 


  • bristolleedsfan
    bristolleedsfan Posts: 12,672 Forumite
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    MWT said:
    GingerTim said:
    The process of revoking Tomato's licence has begun after failure to comply with the Provisional Order - they've got 3 months. Don't hold your breath. 

    3 months and then 30 days from when Ofgem actually serve notice of their intention to cancel the License. 
    I would strongly suspect they will go into administration before that happens...

    Tomato Chief response 16 hours ago on customer led Facebook group was to post -





  • Newbie_John
    Newbie_John Posts: 1,300 Forumite
    1,000 Posts Second Anniversary Name Dropper
    On one hand 3 months is a long time, but on the other they can serve notice as early as Monday, although OFGEM acts quite slow.

    TE acts quite confident so maybe they have an investor offer on the table but looking for something better? 
  • masonic
    masonic Posts: 27,869 Forumite
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    edited 27 September at 3:21PM
    There is a comma between those clauses, not a full stop, so Ofgem is only reserving the right to give notice after the 3 months has elapsed.
    Essentially if TE doesn't make it to mid-January, it will be because they folded independently of Ofgem's action.
  • WBCPB
    WBCPB Posts: 500 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    This morning i finally received my £80 GSOP refund to my registered bank account after previously receiving an apology and a "Final Bill" which still has not included the unpaid 1st months energy use.
    Regards
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