FMRS Explained (Faster More Reliable Switching)

Tired of waiting weeks to switch your gas and/or electricity to a new supplier? Thanks to the recent introduction of Faster More Reliable Switching (FMRS) by Ofgem in July 2022, you can now switch in as little as 2 working days, including with Octopus Energy, one of the leading energy providers. Say goodbye to outdated processes from the 90s and start enjoying faster, more convenient, and cost-effective energy switching.

Why Choose FMRS?

Gone are the days of lengthy switching times. With FMRS, you can switch your energy provider in as little as 2 working days for domestic customers, 3 working days for business customers, and 5 working days for prepayment customers (allowing time for replacement top-up cards & keys). This means you can start enjoying savings from a cheaper energy supplier sooner, without paying higher rates to your old provider.

5 Key Benefits of FMRS:

• Flexibility: You can still delay your switch to a later date if needed.
• Peace of mind: There's a 14-day cooling off period for cancellations, regardless of switch completion.
• Control: You can stop the switch up to 5pm the day before it's due.
• Convenience: Your first payment will be taken 6 working days after sign-up or on your switching date, whichever is later.
• Freedom: After switching, you only need to remain with your new supplier for 5 days before you can switch again, compared to the previous requirement of 28 days.

Earn £50 Cashback with My Octopus Energy Referral Code!

Ready to switch to Octopus Energy? Use my referral code to earn £50 free account credit when your switch completes and you've made your first payment or top-up.

Don't miss out on the benefits of Faster More Reliable Switching (FMRS) and the opportunity to earn cashback with Octopus Energy. Switch to a better energy deal today!