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npower is a failing company says scottish power

i have recently used a comparison site to switch from scottish power to npower. scottish power phoned to persuade me to stay and informed me that npower is in serious trouble and unlikely to be around much longer? is this true?

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  • Incisor
    Incisor Posts: 2,271 Forumite
    1,000 Posts Combo Breaker
    Smudge101 wrote: »
    i have recently used a comparison site to switch from scottish power to npower. scottish power phoned to persuade me to stay and informed me that npower is in serious trouble and unlikely to be around much longer? is this true?
    I have heard nothing, apart from nPower being caught mis selling and dealing with members of staff. I would be suspicious of any organisation which was less than totally professional in its representations of the opposition.
    After the uprising of the 17th June The Secretary of the Writers Union
    Had leaflets distributed in the Stalinallee Stating that the people
    Had forfeited the confidence of the government And could win it back only
    By redoubled efforts. Would it not be easier In that case for the government
    To dissolve the people
    And elect another?
  • mute_posting
    mute_posting Posts: 810 Forumite
    Part of the Furniture Combo Breaker
    I'd say similar - is getting pretty low when your only "defense" is to bad mouth the opposition.

    That said.... NPower have been naughty boys and they're hardly the darlings of the energy supply industry.
    :confused: I have a poll / discussion on Economy 7 / 10 off-peak usage (as a % or total) and ways to improve it but I'm not allowed to link to it so have a look on the gas/elec forum if you would like to vote or discuss.:cool:
  • anniecave
    anniecave Posts: 2,466 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If an electricity company "goes under" then you won't suddenly come home to no electricity. Your supply ends up being taken on by another supplier and if you don't like their prices you can switch again to who you like anyway.

    My only advice would be to double check that you used correct annual kwh figures and the tariff you are moving to with npower is definately cheaper than your existing tariff. Also keep an eye if you are on monthly direct debit that you are paying enough.

    In my opinion Scottish Power are excellent at estimating correct direct debit monthly payment amounts, Npower were useless. But if they are your cheapest supplier then go for it!!
    Indecision is the key to flexibility :)
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