Energy Prices (Strictly NO referrals!)

I have already been with two energy companies that went belly up and it was all painless. The companies I got moved to honoured the prices plus I was free to switch to whoever I liked and I got all my money back within a couple of weeks of switching. I don't expect Tomato to be around long term but the savings are simply too big to ignore.

I was moved to BG when peoples energy went pop. They certainly didn't honour the prices, they had a "special migration price" which was basically a smidge below the normal price.

Its a luck thing, the larger the company transferring the longer negotiations and issues can reside for.

I certainly heard of people who tried to switch after being told their supplier had gone bust and ended up with two suppliers arguing about who was supplying and for what periods.
 
I have already been with two energy companies that went belly up and it was all painless. The companies I got moved to honoured the prices plus I was free to switch to whoever I liked and I got all my money back within a couple of weeks of switching. I don't expect Tomato to be around long term but the savings are simply too big to ignore.
As Merc mentioned it's not painless for everyone.
While working at EDF saw plenty people stuck in limbo for month's with no resolution in sight with supplier's arguing. Stuck on a migration tariff basically at the cap. Had loads of complaints open that I had to call weekly with an update of (we can't do anything)
 
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I think I'm going to hop off the Octopus tracker for now and take the 16M fixed. Last month's bill averaged out a hair cheaper than the fixed. This month, though, tracker has been a bit worse than the current fixed. Like others, I'm wary of the price rise in April.

Considering there's no exit fees, I don't really see much downside.
 
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Ed Miliband may be asking too much and some companies will fail as he asks Ofcom not to raise the cap determined by the rise in fuel prices this spring.

Looks like he's just pointing the finger at someone else other than himself because he knows Labour promised lower bills..
 
I think I'm going to hop off the Octopus tracker for now and take the 16M fixed. Last month's bill averaged out a hair cheaper than the fixed. This month, though, tracker has been a bit worse than the current fixed. Like others, I'm wary of the price rise in April.

Considering there's no exit fees, I don't really see much downside.
I was on the tracker also, your post made my mind up for me!

Peace of mind for the next 16 months!!
 
I'm just hanging on to the tracker for now, I'm gonna see what happens when it starts getting a bit warmer.

But it hasn't been great, particularly Feb has been consistently higher than fixed, every day.
 
Leave the tracker to go onto 16m fixed and the tracker prices start coming down :rolleyes:

Hopefully my move will be justified when the price cap increases and prices shoot up next winter.
 
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