Rejecting Energy Price Increases

[pompeyfaith]

Greetings all,

This thread relates to British Gas latest price increases and the BBC article posted by 5corpio here:

http://forums.all-about-debt.co.uk/s...&postcount=551

As per ofgem rules you can reject any price increases energy companies impose.

Below is how to do that:

Five steps to rejecting your price rise

1. Check who your energy supplier is, and whether they have put prices up. If they have, find the letter from your energy supplier telling you about the price rise, or ring and ask why you have not received one.
2.Check the date on the letter - you have 20 working days after this date to reject the rise. The letter could arrive up to 65 days after the switch.
3. Contact your energy supplier by email or phone, and tell them that you reject the rise, citing Ofgem.
4. Find a cheaper deal by using a comparison site accredited by Consumer Focus, the energy watchdog. Switch within 15 working days of rejecting your price rise.
5. Enjoy your cheaper prices until the switch goes through.
Once you have done this, your prices will be held at the rate you were paying before the price rise until your switch to your new supplier has gone through.

This an an ofgem rule brought in, in late 2010 and still applies.

Regards