What if......?

tinalives
tinalives Posts: 903 Forumite
Part of the Furniture Combo Breaker
I notice that the energy companies have recently stopped offering the long term capped rates and now only rates capped for about a year....

Is it possible that once thousands of people have signed up for these one year contracts (often with fees payable to end the contract), that they will then decide to offer longer term capped deals again?

Comments

  • monoxideuk
    monoxideuk Posts: 62 Forumite
    I beleive it will all be down to the price increase, if anything once the increase has gone through i beleive that is when companys will introduce longer capped deals, but this will be with the increae on it,
    And companys are only offering to capped price for a year due tio the uncertainence with how prices are going over the next couple of years

    Hope this helps
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