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Do I need to switch accounts before they go bust?
Might be worth leaving it for now. Probably too late to escape as everyone else has already started to do the same thing.
If things go to plan, they will probably go bust, and the balance will be transferred to one of the mega-energy-corps and the rate may be, relatively speaking, favourable. They'll take ages to process the balance, maybe years (because why show the balance, when they can just charge you?) but it will get credited in the end.
This is in contrast to what happened to me, a few years ago, where I was transferred to another medium sized co, who then dragged their heals on crediting balances to the point where they just stole them, and Ofgem gave no fucks because it was such a small number of people who got screwed. They got away with it because every time Ofgem said 'where are the balances?' medium energy corp just said 'we are in the process of dealing with it'. Which was a lie.
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