https://www.cityam.com/avro-energy-used-by-boss-to-pump-cash-into-family-firms/
Now, if I had known that background, I would have taken my business elsewhere, long before now having to!
Shocking, if true.
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I moved from Green just before they collapsed, but Iām now getting emails saying Iām going to be moved to a new supplier.
Could I just get moved even if Iām not a green customer any more and they just submit my details to the new company?
They also took a payment this month. I might invoke the DD guarantee to get a refund I guess. I left it in place thinking it might help with the refund of my credit.
If you jumped when the market was unsteady, you might have messed up the statutory switch process. There is probably no one at Green processing elective switches out.
I jumped before, on 31st Aug, so it took a few weeks, I transferred, then Green collapsed, so I wasnāt a green customer at the time of the collapse but they may not have processed it I guess.
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For those that donāt know, apparently, as from this Friday 1st October, the cheapest energy deal you can now be on if youāre not already fixed into a tariff thatās cheaper, will be the price cap set by OFGEM. That means if youāre about to come to an end on a good fixed rate tariff, thereās not a single energy tariff from any supplier that is cheaper than the price cap. So basically from how I read it, every remaining energy company will be charging the same amount, so it wonāt matter who youāre with. If Iāve misinterpreted that, then happy to be corrected. Glad I fixed in June with BG.
Itāll be sad and Iām not making light of it, but Iām wondering how many more energy firms are going to go down the pan in the next few weeks. Sad for those that end up losing their jobs of course. Even worse as we approach Christmas.
To me the 
tariff seems cheaper than the 
one so I donāt think everyoneās charging the same. How long will last is a different question
To be honest, Iāve only gleaned my info from reading through the MSE email I received overnight. It could be, that some energy companies will be charging different amounts on standing charges? I canāt see though that there will be many energy companies charging less than the price cap from this Friday.
As for paying for energy, and it was raised earlier in the thread, I donāt think Iāll ever return to fixed direct debits ever again. Being on Smart meters means no more estimated bills if youāre connected to a supplier that can have access to your smart meter readings. Itās all very well people using fixed monthly direct debits as a way of budgeting, but unfortunately from past experience, it just seems to give a green light for energy companies to raise peopleās D/Dās at a whim, probably to help pay for energy they buy in advance. At least with variable direct debits, Iām only paying for the energy Iām actually using with the advantage too that Iām not building up an in credit amount that could take weeks or months to get back if the supplier crashes out of the market. I realise thatās not for everyone, but it definitely works for me.
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Iāve just been having a gander about variable direct debits and it seems it isnāt offered by some energy companies. Obviously British Gas do and Octopus and some of the other big names, but Bulb it seems, doesnāt.
I can only guess why some companies wonāt allow variable direct debits.
Iām paying Octopus Ā£1 per month DD at the moment. Iām well in credit and have calculated that the credit will cover me for around 7 months electricity (gas is elsewhere). Told them what I was doing and why and they said that was fine.
You must have built up some credit! 
Iām never getting into that game again. Ok, I realise it works for some people, but an energy company sitting on piles of my cash? no, they can swivel!
I originally had both gas and electricity with Octopus and went on Agile (and Tracker for gas) just before the first lockdown last year. Fuel prices dropped but I didnāt reduce the DD enough to account for just how low theyād go. By last month I was nearly Ā£300 in credit.
Gas is now with Zog (very small gas-only company who seem to have hedged for their few thousand customers so claim to be in good standing), leaving me using around Ā£40 of electricity per month with Octopus.
Once the credit is used Iāll be asking to change to variable DD.
Two more firms have bit the dust
They are joined by https://www.enstroga.co.uk/ which is the third energy firm to fail today
So thatās another 235k customers needing a new supplier
And there was me back in may actively seeking to switch from BG to Igloo. Good job I didnāt!
3 firms to collapse in one day, I wonder how many by the end of the week.
Anyone here with these?
Yes, I am 
Who would you like to be switched to? Iām clearly working on the assumption here that itās not looking too good for themā¦
Looking iffy. Donāt know really - I hadnāt been giving it any serious thought (and thereās a double exit fee for leaving early).
Donāt know if a new supplier has to honour the current fix. Do you?
No, they donāt. Theyāll put you on a deemed tariff which will be at or (just) below the current cap, so at least you wonāt have to pay too much over the winter months. The cap will be reviewed again in April but, by that time, it should be getting warmer.
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