Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to Rhyd6,eyeball08,Wondergirly,bofh,johnstevens77, for Donating to support the site

switching energy suppliers

Making your money go further
mutantpoodle
Lemon Quarter
Posts: 1012
Joined: November 7th, 2016, 4:21 pm
Has thanked: 510 times
Been thanked: 123 times

switching energy suppliers

#38624

Postby mutantpoodle » March 14th, 2017, 10:54 am

most as far as I see fixed rate tarifs from energy suppliers have a penalty to leave, but NO PENALTY if you leave within 49 days of end of fix.

does anyone know if that is 49 days of the ACTUAL switch over to new supplier...
or
49 days from asking to switch

ie
they suggest it takes 3 weeks (ish) to switch

so.....??

staffordian
Lemon Quarter
Posts: 2300
Joined: November 4th, 2016, 4:20 pm
Has thanked: 1898 times
Been thanked: 870 times

Re: switching energy suppliers

#38626

Postby staffordian » March 14th, 2017, 11:00 am

I read something about this on Martin Lewis's site the other day.

You can arrange a swap as soon as you wish, in theory*, and as long as the date of the change of supplier is within the penalty free period you cannot be charged a penalty.

Staffordian

*The actual switch process is usually out of the users control, so it isn't normally possible to arrange a switch too far ahead of the date you wish to change as it may complete before entering the penlty free period.


Return to “Living Below Your Means”

Who is online

Users browsing this forum: No registered users and 21 guests