Re: Energy companies collapse
 

I got most of my credit balance back from Bulb a few weeks ago because they had set a direct debit that was excessive and the amount in my account was just going up and up. I’m happy with the level of my credit at the moment because it is now definitely going to go into debit during the winter which IMO is what it’s supposed to do, although in recent years energy companies seem to have been trying to shift the goalposts so we all think it should mostly be in credit with at most a tiny dip into debit by mid spring. I’m also happy with the amount they’re taking each month. TBH as they are now going to be kept busy for a few months being back-door nationalised, I’m just going to sit tight, ride out the winter and then look to see if there are cheaper deals when things settle down next year.

Re: Energy companies collapse
 

Just arrived by email

Re: Energy companies collapse
 

I am dreading next April. Struggling as it is

Re: Energy companies collapse
 

The Orbit email asked me to send today's meter readings. To do that, I have to request an OTP by email. And it looks like they have shut down their system.

Re: Energy companies collapse
 

just keep a note for your new supplier. I took readings after Avro shut and held onto them

---------- Post added at 14:35 ---------- Previous post was at 14:34 ----------

It has now been 2 months since Avro closed and still no final bill or balance transfer

Re: Energy companies collapse
 

What happens in April ?

Re: Energy companies collapse
 

Windows 13 probably ;)

Re: Energy companies collapse
 

next price cap increase

---------- Post added at 16:27 ---------- Previous post was at 16:26 ----------

hahahaha

Re: Energy companies collapse
 

Re: Energy companies collapse
 

Ah. Ok.

Re: Energy companies collapse
 

Im struggling as I'm currently paying about £114 dual fuel and my renewal is double that per month!
Is it worth going variable rate?

Re: Energy companies collapse
 

No energy company is allowed to charge you more than the price cap. If someone is offering you a new fixed rate, IIRC it can’t be more than the cap, so you won’t be any worse off on it than you would be on a variable rate. Plus, as the cap will for certain rise substantially next spring, if you are lucky enough to find a fixed rate that lasts more than 6 months you might actually save a little by next April.

Re: Energy companies collapse
 

That is not correct. Fixed rate can be more than the cap

"The price cap only applies only to domestic energy customers paying standard variable rate energy tariffs (SVTs) – also known as ‘default’ tariffs. So those with a fixed-rate energy tariff are not affected by it."

https://www.forbes.com/uk/advisor/en...gy-price-caps/

There are loads of fixed rate tariffs out there way in excess of the cap. Hoping you bite and are worried abotu the rise coming and hoping the prices drop in time to not lose on it

Re: Energy companies collapse
 

Freaking heck, that’s worth knowing …. There’s been so much talk about the price cap lately that that point seems to be getting overlooked. :Yikes:

Re: Energy companies collapse
 

I know crazy innit