Switching Energy Suppliers
If your 2008 fixed energy price plan is due to end soon, it is important to know exactly when your fixed price plan end date is, so that you can prepare and subsequently avoid sudden increases in your gas and electricity. However, you do need to be extremely careful that you avoid incurring penalty fees if you switch to another energy supplier too early – Switch usually takes a lead time of 6 weeks, so you should be safe to begin the switching process within the last 6 weeks of your fixed contract.
Utilising the information supplied by uswitch.com, a UK-based price comparison and switching website, work out from the following table if your fixed plan contract is due to end, alternatively review the energy suppliers penalty fees that may applicable should you terminate your agreement early:
Fixed price plan name Plan end date Penalty Fee
npower one 31/07/2009 No
ScottishPower Fixed Price Energy 2009 31/08/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy 2009 NSC 31/08/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy 2009 Online 31/08/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy 2009 Online NSC 31/08/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy October 2009 30/09/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy October 2009 NSC 30/09/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy October 2009 Online 30/09/2009 £30 electricity and £20 gas
ScottishPower Fixed Price Energy October 2009 Online NSC 30/09/200 £30 electricity and £20 gas
E.ON Energy Saver v1 – v4 01/10/2009 £35 for dual fuel customers
E.ON Price Protection 2009 v14 – v17 01/10/2009 £35 for dual fuel customers
British Gas Guarantee December 2009 31/12/2009 £20 electricity and £55 gas
If you are still unsure of your full contract details, simply contact your supplier for further details, alternatively you can contact Utility Exchange for advice because switching energy suppliers really does save you money, and here at Utility Exchange we do all the hard work for you. Every day Utility Exchange research the utility markets and industry news so that you can be assured you’re paying the best business and electricity prices and gas rates available. Simply click on Electricity Quote or Gas Quote and see how much you can save.
Source;
Uswitch.com/ Gas & Electricity/ Fixed Price Energy Info