Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Consumer law- free to break contract on price increase?

  • 23-07-2021 1:40pm
    #1
    Registered Users, Registered Users 2 Posts: 19,717 ✭✭✭✭


    Just wondering where this stands. 12 month contract for electricity and 3 months in they jack the day rate from 13c to 20c (+53%) and the standing charge from 45c a day to 60c (+33%). I want to leave the contract as theyve gone from the cheapest in the market to one of the most expensive since I signed up. They only just had another price increase of around 10% in April so this latest one is the straw thats breaking the camels back.

    So wondering under consumer law do you have always have the right to leave a contract without penalty upon a price increase and change of that contract? AFAIK they charge a fee of 70 odd euro to end the contract early, this is what Im seeking to avoid.



Comments

  • Registered Users, Registered Users 2 Posts: 19,717 ✭✭✭✭Muahahaha


    OP here, found the answer.

    With energy there are variable rate and (the much rarer) fixed rate price plans. If your plan is variable then the company can increase the prices in the contract and the consumer isnt free to leave the contract without paying a 50 euro exit fee. Luckily though Energia off 35 euro cashback on sign up so that absorbs most of the exit fee so I'll move to them instead.

    Still crazy stuff to get a price increase of 40% overall, have never heard of such a big increase in decades of paying for electricity but there you go.



Advertisement