Do you want to change your energy supplier? Always check the terms of your current energy contract before registering with a new energy supplier. Depending on your energy contract, a notice period or termination penalty may apply. The amount of the cancellation fee can be up to € 125 per product. We have listed the possible situations for you. It`s good to see that most people have a contract indefinitely, as permanent contracts that expire become a perpetual contract with variable interest rates. In the case of a fixed-price electricity or natural gas contract, the price paid per kilowatt-hour (kWh) remains the same for the duration of the contract. The only exception concerns contracts at a fixed price of indefinite duration, the price of which may be modified by the Service Provider (see below) subject to compliance with the information and cancellation provisions indicated. Each disadvantage has its advantage. This is also the case when you zoom in on the different flavors of energy contracts. The type of contract that`s right for you depends on a number of important factors.
Come from a low/middle/high income household, live alone or with your partner/family members/roommates and prefer to be on the safe side or be flexible and free in life and you don`t need anything solid. In addition to the fact that your energy supplier may require termination from you due to premature termination of the contract, any discount in the contract may expire, for example a cashback that you still owe. Your energy supplier should charge you a cancellation fee as soon as possible. This must be done no later than the time of final settlement. You must receive the final invoice within 6 weeks of your change. Haven`t received an offer from us yet? Then, your contract may not expire yet. The end date of your energy contract can be found in My Contract. Approximately one month before the end date, you will receive a new offer from us. In the case of a variable price electricity or natural gas contract (also known as indexed price products), the price may increase or decrease throughout the term of the contract. The price follows the evolution of the wholesale markets, usually quarterly or monthly (depending on the indexation formula). The price paid during the term of the contract therefore depends on the development of wholesale markets depending on many factors (season, wind, sun, availability of plants, international markets,…).
By choosing this option, the price paid may decrease if the price of electricity or earth ash on wholesale markets decreases during the term of the contract or, on the contrary, the price paid may increase in the event of an increase in prices on wholesale markets. First of all, you should know that there is a difference between a variable contract and a permanent contract. The only thing that can affect the total energy bill in a fixed contract with fixed energy tariffs is the supply costs, the costs of managing the grid and the energy tax. These costs are the same for all energy suppliers and apply to all types of energy contracts. What is the best thing to do when your fixed energy contract expires? Consumers can terminate their energy supply contract at any time with one month`s notice, regardless of whether they have entered into a CBD or COD. The supplier cannot charge any severance pay. Do you opt for a fixed price? Then the prices you pay us will remain the same for the agreed period. So you know exactly where you stand.
And when energy prices rise in the market, you get your fixed price. However, network operators or the government can adjust their tariffs during their term. We have no influence on that. You can terminate or have your energy contract terminated 3 times: A non-binding (tacit) and therefore without notification of the customer takes place very often. This is because many people do not like to deal with the agreement or modification of the energy contract. The prerequisite is that the customer can terminate the contract at any time after it has been issued. The renewal of a CBD means that it will continue for a new period without changing the terms of the contract. The extension is called “implied” if it does not require the express consent of the customer whose contract is terminated. Utilities that offer CBD all provide provisions in their terms and conditions of sale on the tacit renewal of expiring contracts. The notice period for an energy contract is 30 days. This means that your contract ends 30 days after your termination. It doesn`t matter if you have a 1, 2 or 3 year contract.
Or a contract of indefinite duration. A variable energy contract is a contract of indefinite duration. You can also think of it as an ongoing contract that you sign for a flexible time. For various energy suppliers, this type of contract is also called a short-term energy contract or a directly terminated flexible contract. With variable contract energy, for example, a cancellation penalty is out of the question if you want to change. Theoretically, you can do this every month! If you have an open-ended energy contract, you have variable energy rates that change every year. These rates follow the current trend. It is a good thing that you have chosen us. Of course, you will receive a confirmation of your contract. You will find all the dates there.
And we will arrange your cancellation. You don`t have to do anything else. See also the page: After your change. We recommend that you create a My Vattenfall account. This way, you will always be informed of the progress of your new contract. But here you also organize a lot yourself. For example, adjusting the amount of your payments. By choosing a variable price contract, consumers have no idea what price they will pay. The price paid depends on the evolution of prices on the wholesale markets. Consumers should be aware that their bill can vary greatly from year to year depending on the market price. So you have to be willing to pay a higher price at high market prices.
However, with high prices in energy markets, consumers who have opted for a variable price contract can benefit from a possible future drop in energy prices without having to change contracts. However, they are exposed to the risk of having to pay more if market prices continue to rise than if they had opted for a fixed-price contract. Without active consumer control of energy contracts, variable price products are cheaper in the long run than fixed-price products that contain a higher risk premium that is passed on from the supplier to the customer`s account. However, with a variable price contract, it is not possible to set the low market price by following the evolution of energy prices. Your energy supplier may ask you for gas and electricity. Do you stop with both? Then you pay a maximum of twice the amount. The Dutch Consumer and Market Authority (ACM) has set these amounts. Your contract simply moves with you.
If you tell us the new address and the date you will receive the key, that is enough. But maybe you want to change your contract? Of course, this is also possible. We take care of it for you. Energy transfer contracts can be compared to Overstappen.nl in minutes. Enter your data and we will immediately show you an overview of the best energy deals of the moment. Ready for a comparison or would you rather have more information about energy contracts? Average variable rates: The energy company can adjust energy tariffs 2 times a year: in January and July. This means that the price you pay can go up and down. The Company will inform you of this.
In recent years, tariff changes have been small, but in 2021, energy rates have skyrocketed. It is possible that your energy supplier has included an unreasonable condition in the terms and conditions. This is the case if: If you do not enter into a new contract with us, we will automatically renew a contract indefinitely. You can cancel this at any time, but at least you are not without electricity or gas for a while. You then pay for the variable interest rate of that moment. A variable interest rate evolves with energy market prices. The price can therefore be higher or lower. As a rule, we adjust our prices twice a year. In January and July. You will receive a message about this in advance. Does your energy supplier charge too high a cancellation fee? Doesn`t he send the invoice within 6 weeks of your transfer or move? Or is your old energy supplier charging a cancellation fee because your new energy supplier took you back too soon? And doesn`t the supplier want to solve the problem? Then write a letter or email to your energy supplier. Use our letter template: Does your supplier indicate that they are interrupting the energy supply? Or that he changes the contract? For example, because the price of energy has become too high? It is simply not allowed.
And sometimes it depends on what you have agreed in the terms and conditions of your contract. If you have an energy contract with a specific duration (e.B. an annual contract), your energy supplier may charge you a fine if you want to terminate your contract prematurely. Autoroteit Consument & Markt (ACM) has set the maximum amount of the fine. Energy suppliers must comply with this maximum penalty. For fixed-term energy contracts, the following amounts apply: Do you have questions about your contract? We cannot give you an answer to the terms and conditions. .