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UK Energy Prices
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Old Yesterday, 19:45   #2686
Paul
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Re: UK Energy Prices

https://www.bbc.co.uk/news/articles/c3ewwej0p13o

Quote:
Energy suppliers in the UK are pulling a raft of fixed-price tariffs from the market following a spike in oil and gas prices caused by the US-Israel war with Iran.
It also mentions Octopus.

Quote:
Octopus said it has "temporarily" introduced exit fees because of the wholesale price spike, meaning new customers leaving its fixed tariff before the end of their contract will have to pay to do so.
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Old Yesterday, 23:55   #2687
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Re: UK Energy Prices

I still have a Octopus fixed rate available to me to select but when clicking through it I still have a £50 exit fee on both fuels for the next 37 days, so I guess I'll just ride it out 7 till early April and see what happens after. One thing I'll be doing is avoiding the Trackers.
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Old Today, 10:19   #2688
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Re: UK Energy Prices

The "Switching Window": Ofgem regulations allow you to switch suppliers without penalty during the final 49 days (roughly 7 weeks) of your fixed term.

So Snoop is your fixed term ending in the 37 days or is the end date 49 days after this ?

My tariff had £75 exit fees each (it was a special cheap tariff Octopus only had for a short time) but they notified me of the 49 days I searched and switched
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Old Today, 10:27   #2689
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Re: UK Energy Prices

Quote:
Originally Posted by Jaymoss View Post
The "Switching Window": Ofgem regulations allow you to switch suppliers without penalty during the final 49 days (roughly 7 weeks) of your fixed term.

So Snoop is your fixed term ending in the 37 days or is the end date 49 days after this ?

My tariff had £75 exit fees each (it was a special cheap tariff Octopus only had for a short time) but they notified me of the 49 days I searched and switched
My app says my current tariff ends on 11 April with 36 days remaining.

Edit- I've just emailed them, I'll likely leave everything to late as I don't have time to faff around before work today, I'm in no panic of anything.

Last edited by SnoopZ; Today at 10:37.
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