BEV insolvency

After consulting with my wife, I reluctantly transferred the money just now. Could puke my guts out...

Don't drive yourself crazy and don't be so stingy. What are we talking about? A visit to Hansapark? A pair of new shoes? What can you really take away from it in the end? That's life. K.

Don’t drive yourself crazy and don’t be so stingy. What are we talking about? A trip to Hansapark? A new pair of shoes? What can you actually get out of it in the end? That’s life. K.

Well, it has nothing to do with being stingy. I knowingly signed 2 contracts involving about 500-600€ in total. If I included the bonuses for both contracts (150/225€ as well as the 15%), I would even get money back. So, besides the 330€ I transferred today, I will also have to pay around 100€ for the electricity contract.

Of course, I pay for something I have used, of course the 500€ will not ruin me, and of course I won’t be frustrated forever because of it. Still, it’s a matter of principle for me. You should stick to contracts and I always have. But here, somehow, I’m being treated unfairly. On one hand, I have debts, on the other hand, a credit balance. Mind you, both with the same business partner. Nobody can logically explain to me why I am not allowed to offset both, and now please don’t come to me with insolvency law... ;)

Anyway. Now just waiting for the bitter pill in the form of the electricity bill and then I too will be able to draw a line under it.

Insolvency in such case scenarios is practically another word for a failed calculation, or the "secret" behind miraculously attractive prices in the gas, water, and electricity provider sector :-(

On the one hand, I have debts, on the other hand, a credit balance. Mind you, both with the same business partner. Why I am not allowed to offset both against each other, no one can logically explain to me, and now please don’t come at me with insolvency law...

But yes, exactly "insolvency law instead of logic" is the reason: the failure to offset is only illogical if the euro of debt and the euro of credit have the same value. However, this would only apply in the – unfortunately, to put it mildly, atypical – case of a 100% satisfaction rate. Only then would the "exchange rate" between debts and credits be 1:1.

Your insolvency law misconception is: it is not the same business partner. Rather, you have the credit balance with the insolvent company, while the debts are with its estate, i.e., the entirety of its creditors.

Yes, exactly "insolvency law instead of logic" is the reason: netting off is only illogical if the debt euro and the credit euro are worth the same. However, this would only apply in the - unfortunately to put it mildly untypical - case of a 100% satisfaction rate. Only then would the "exchange rate" between debts and credits be 1:1.

As long as both claims are due, a 1:1 netting off is possible. It doesn't require a 100% satisfaction rate.
Only the bonus claim was not yet due, and therefore the mass claim from the energy supply cannot be netted off against the bonus.

If both claims are due, a set-off 1:1 is possible. There is no need for a 100% satisfaction rate. However, the bonus claim was not yet due, and therefore the mass claim from the energy supply cannot be set off against the bonus.

That is exactly the crucial point, who determines whether the bonus would already be due or not? Does only the fact apply here that it is paid out approximately 60 days (what exactly now) after the start of delivery, or does the contract conclusion already count as a fulfilled condition? I can't help it that the 60 days were not reached, it was already promised to me at the start of the contract, provided I fulfill my part of the contract ;)

Presumably, somewhere in the terms and conditions it states 60 days after the start of delivery. According to that, presumably not due yet.

OT
I find this new customer bonus model and this constant switching of energy providers completely disgusting. If things go badly, you initially pay 20-25% too much and, if you're lucky, get it back as a bonus.
But if you don't want to be the stupid existing customer who finances all these new customer bonuses, you have to go along with this crap. So console yourself with the fact that you are not the stupid existing customer.