Announce electricity providers - What you should pay attention to the termination!


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Announce electricity providers - What you should pay attention to the termination!

If the current electricity supplier is too expensive or you are simply not satisfied with it, you should look for a better and cheaper alternative.
Which alternative electricity supplier is cheaper at all, can be found out through the electricity comparison, which can be done on many different websites on the Internet. On one thing, however, one must pay particular attention to a change in electricity supplier: on the notice periods.
These vary from provider to provider and are defined respectively in the supply contract or in the terms and conditions of the contract. Most contracts provide for a notice period of four weeks to the end of the month.
In addition, there are also many other contract constructs in which a longer term and thus longer notice periods are given. In the worst case, these can last up to five months. The notice periods for most regional basic providers are usually one month, as there is usually no basic term.
With an alternative electricity provider, however, that can look quite different, since you often get offered only a cheaper price, if you also binds at least one year to these providers.
So it is always important to read the fine print in relation to the periods of notice - even if a new contract is concluded, this should be taken into account. For most contracts, it turns out that
the contract automatically becomes one
extended for a further year if not canceled. Only then do the individually agreed periods of notice apply and one is not bound to the supplier again for a complete year.
Attention: special right of termination for price increases
If a price increase of the current electricity supplier flutters into the house, one has a special right of termination. In this case, a notice period of four weeks is usually given. This begins on the day of delivery of the request for increase. If one does not agree with the price increase and now would like to change the electricity supplier, one should send the notice itself to the previous supplier, so that the deadline of the special right of termination does not expire. In the case of a "normal" change, this is not absolutely necessary, as the new electricity supplier can take over the cancellation upon request.
Special right of termination
Even when moving out you have a special right of termination. In this case, you can also cancel the existing supply contract with the change of the apartment, without this special notice periods must be met.
Since an excerpt does not happen overnight, in this case you should inform the electricity supplier at an early stage about the extract and thus the termination of the supply contract. It can never come to disagreements.
In any case, all these things should be taken into account when choosing an alternative electricity supplier. Again, the notice period should be quite short, as it can respond more quickly to cheaper providers in the market.

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