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What are my rights in cooling off period after renewing electricity contract?

unkel

I'm out of contract with Energia. I'm on a day / night meter. ESBN are rolling out a new type of smart meters to replace day / night meters, starting next month. I am on the priority list, but this could take months, longer maybe

So I bit the bullet, requested Energia to get me a current smart meter (that can't do day / night), installation next Monday, but they refused to do this unless I went into a new contract with them

My question: after the smart meter is installed, have I any come back on this new contract or is my only option to just pay the €50 contract break fee if I want to move to another provider?

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10-10-20

Sorry to answer your question with a question... but why are you so keen to obtain a smart meter? Is it due to being on a deemed rate and you're a net-producer?

I think that your 14-day cooling off period would still apply as the contract still stands as a standard energy supply one, Energia are only initiating the meter swap-out, they aren't paying for it.

And as an aside: Energia just reminded me that in the event of an upward price adjustment on a variable rate contact, you have 30 days from the rate-change to terminate the contract.

unkel

https://www.boards.ie/discussion/comment/121046604#Comment_121046604

Net producer. Not only that but the current best night rate on a day / night meter is 15c. The current best night rate (only 3 hour slot) on a smart meter is 5c

So huge savings to be had. The 3 hour slot is enough for me to charge my cars and sufficiently charge my battery. My expected total electricity bill for the year on this tariff is €0.00 (before any government credit)

unkel

Surprised there aren't more opinions on this?

muffler

I can't comment as I haven't a clue!

Rows Grower

https://www.boards.ie/discussion/2058311476/what-are-my-rights-in-cooling-off-period-after-renewing-electricity-contract

If the meter is installed before the 14 day cooling off period you shouldn't be charged a contract break fee.

unkel

https://www.boards.ie/discussion/comment/121059206#Comment_121059206

Cheers. I requested it Wednesday 30th August - I had to enter a new contract with Energia on that day to actually get them to organise the meter install with ESBN, meter will be installed Monday 4th September. So if I move to a new provider immediately after the smart meter install, I won't be charged the €50 contract break fee?

PokeHerKing

https://www.boards.ie/discussion/comment/121046604#Comment_121046604

What are the down sides to smart meters? I've moved from SSE to Yuno as of yesterday . Wasn't using the smart meter with SSE but we'd send our meter readings every month.

I just presumed this was doing away with that monthly chore?

unkel

https://www.boards.ie/discussion/comment/121059222#Comment_121059222

Downside is that the rates are very expensive, apart from the supercheap 3-4 hour nightly slot. So for most people with a decent battery, they can charge up cheaply in those wee hours and then live off that for the rest of the day. Added bonus is that most smart plans have very high feed in tariffs, which is great when you have PV.

PokeHerKing

https://www.boards.ie/discussion/comment/121059374#Comment_121059374

Yunos unit rate is the cheapest on the market? Sorry I'm a pleb when it comes to this stuff but I've no solar energy or anything like that, this is just standard household electricity but I now no longer have to submit my meter readings, yuno will read my meter remotely.

unkel

https://www.boards.ie/discussion/comment/121059390#Comment_121059390

Cheapest smart meter rate is 5c / kWh incl VAT

But we should keep that discussion to where it belongs:

https://www.boards.ie/discussion/2058235650/switching-electric-gas-providers-see-first-post-for-links

PokeHerKing

That thread is a minefield. Bonkers has yuno as the cheapest on the market and its 33 cent Inc vat which is what I've switched too. If you link to a plan that's 5c unit rate I'll revolut you a finders fee.

unkel

https://www.boards.ie/discussion/comment/121059545#Comment_121059545

It's all in that thread, save yourself any finders fee and spend the next 30 minutes browsing through the last 20 or so pages 😂

Or click this link

https://pinergy.ie/home-electricity/cooline/

5c incl VAT plus €100 welcome credit 😎

PokeHerKing

https://www.boards.ie/discussion/comment/121059427#Comment_121059427

That's an EV charge rate between certain hours. I'm talking unit rate for your home.

unkel

https://www.boards.ie/discussion/comment/121059578#Comment_121059578

It is a unit rate for your home. Valid for 3 hours per day.

Or do you think they'll send an inspector around at 3AM to check if you really own an EV that is charging? 😂

unkel

But please, this is very much off topic in my thread and belongs to the thread I have linked to...

PokeHerKing

https://www.boards.ie/discussion/comment/121059584#Comment_121059584

I've no idea but I don't do much between 3-5am except sleep.

If all those musical chairs amounted to the Cheapest overall rate bonkers would have it listed as such. They don't so I'll be taking no notice.

unkel

https://www.boards.ie/discussion/comment/121059605#Comment_121059605

It's a community plan. It's not on bonkers. Dude, please educate yourself and don't be lazy. It's all in the thread I linked. Now please let's keep my thread here on topic.

PokeHerKing

https://www.boards.ie/discussion/comment/121059633#Comment_121059633

I think you need to educate yourself. The rate you linked is not 5c. Its a 5c EV charging rate between 2-5am. There is no actual unit rate available on that link.

Just Discounted percentages at certain times. If they were offering anything remotely resembling 5c unit rate there wouldn't be a thread to link to.

It would just be people confirming they've signed up to pinergias practically free offer.

unkel

It is 5c per kWh dude. Doesn't matter what you use it for. Your EV, your house, charging your battery, operating your powered butt plug.

You've already admitted you're too lazy to read the "Switching gas/electricity providers" thread (I have read the entire thread and keep up to date several times a day), and you tell me I have to educate myself?

You're making a fool of yourself here.

PokeHerKing

https://www.boards.ie/discussion/comment/121059787#Comment_121059787

For 2 hours at crazy o'clock. What's the unit rates for the rest of the day? It doesn't give that info on the link.

unkel

3 hours. I don't know and I don't care what their other rate is, maybe 46-47c? I will only buy at 5c

PokeHerKing

https://www.boards.ie/discussion/comment/121059920#Comment_121059920

I don't get what you mean? I'm genuinely interested as I only moved to yuno on Friday do cam cancel. But you're not making sense to me.

How can you only use electricity during 2- 5am?

unkel

Load everything up. Cars, hot water, home battery. Then the house will run for the next 21 hours off the home battery

con747

If the meter is installed on Monday just cancel under your cooling off period, I can't see how they can charge you the breakage fee and as said the meter installation has nothing to do with them apart from organising it for you. I think you are in an argument to nowhere above though 😂

PokeHerKing

https://www.boards.ie/discussion/comment/121060667#Comment_121060667

I've no home batteries or EVs. As I said from the outset, I've a normal use home.

A random rate at 3am rate makes no difference to me. I'm talking about standard rates for standard homes, the ones that leave fridges on all night, use electrics throughout the day of the mains and drive diesel cars.

Crossed wires (no pun intended).