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Utilities supplier for students - private rent less than a year

TwinLizzy
TwinLizzy Posts: 32 Forumite
Part of the Furniture 10 Posts Photogenic Combo Breaker
Our children are embarking on student life, and private rent for each year is often 48 or 50 weeks. Buy the time they've moved in, and got signed up, they can't commit to a 12 month fix or whatever. Is there any advice on the cheapest options for them, and how to find out? Cheap energy club seems to assume the home is for keeps, so not very helpful in this context (though it's amazing for us at home!).

Comments

  • la531983
    la531983 Posts: 3,445 Forumite
    1,000 Posts Second Anniversary Name Dropper
    They can leave a fix in the last 7 weeks penalty free so in the scenario above it shouldn't be an issue.
  • Ildhund
    Ildhund Posts: 680 Forumite
    500 Posts Third Anniversary Name Dropper Photogenic
    Not only that, it's often the case that any early exit fee on a fixed tariff is waived if the contract ends because the account holder moves house. You'd have to check the supplier's terms and conditions to be sure. 
    I'm not being lazy ...
    I'm just in energy-saving mode.

  • QrizB
    QrizB Posts: 19,624 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    If they don't want to risk exit fees from a fix, then staying on the SVT wouldn't be the end of the world.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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