Energy companies and direct debits

[mackenzie]

They’ll have gone by the end of the week. They are desperately trying to borrow money to stay afloat.

Yeah, saw that. Would be a shame, their customer service is excellent.

 

[denislawsbackheel]

So will all my information and credit balance still be on their system for the official receiver to peruse?

According to this your credits are

Your energy supplier has gone bust

What happens if your gas or electricity supplier stops trading, and what you should do next.

www.citizensadvice.org.uk

martin Lewis has a tv special tomorrow on it all. ITV at 20.30

 

[Two Gun Bob]

According to this your credits are

Your energy supplier has gone bust

What happens if your gas or electricity supplier stops trading, and what you should do next.

www.citizensadvice.org.uk

martin Lewis has a tv special tomorrow on it all

And the reciever will have all our data to make either a demand request or a credit to our new account. Hopefuly so.

I understand we are to be automatically moved to another supplier but assume we can then immediatly return back to the market to switch to a lower tarrif if one's available.

It's going to get really expensive as the competition dries up from the smaller suppliers. Maybe we'll see a cartel of 8 or 10 of the big boys dominating the market place and keeping prices high for the foreseeable future.

 

[NJ Blue]

We are with Avro too (or were!) and are in credit by more than £100. Not sure which company we will get ported over to, but the cheap rate we were on will substantially increase. Having a quick look at a comparison website, we’ll be paying an extra £47 per month and do wonder about the credit on our account. Add it to the list of things for this government to fire fight for a bit and then fuck off to fire fight something else before it’s properly solved.

 

[The Light Was Yellow Sir]

At least we will be able to get from Birmingham to London 15 minutes quicker by 2040 rather than have green, self sufficient nuclear power stations. Who would have thought relying on Russia and getting rid of all your gas storage facilities could ever go wrong??

 

[Blue Potato]

And the reciever will have all our data to make either a demand request or a credit to our new account. Hopefuly so.

I understand we are to be automatically moved to another supplier but assume we can then immediatly return back to the market to switch to a lower tarrif if one's available.

It's going to get really expensive as the competition dries up from the smaller suppliers. Maybe we'll see a cartel of 8 or 10 of the big boys dominating the market place and keeping prices high for the foreseeable future.

Theoretically yes you should be able to switch again - although it is highly unlikely there will be any cheaper tariffs around.

I doubt any suppliers are pricing their standard variable tariffs at a discount to the price cap in these market conditions, and any fixed deal is likely to be more expensive (wholesale markets have moved up significantly from several months ago, where prices from this time period were used to set the level of the upcoming Winter price cap).

 

[nw42]

Gutted, logged in to My Avro account at lunch time and saw that we are/were £237 in credit, just seen this thread and tried again, no access as already pointed out. It's not like I could've done anything about it earlier today but still, it's a ballache I could do without.

 

[es1]

Take a photo of your meters NOW.

Yes we've just done this tonight, cover yourself!

 

[CJH]

Something definitely up with Bulb as well, I know they are looking for funding. Had an email today asking me to top up by £190 even though I am nearly £300 in credit. Just been on and took screenshots of everything and downloaded a few statements.

 

[WestGorton]

Re - nationalise. Now.