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Help! In price fix until November

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melbury
melbury Posts: 13,251 Forumite
Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
As I signed up to a fixed price until November 2008, does that mean I am locked into it until then? I dread to think what the prices will be by November. Does anybody know if suppliers let you change to a different tariff before the end of price fix term? Surely if you stayed with the same supplier it would be to their advantage wouldn't it?
Stopped smoking 27/12/2007, but could start again at any time :eek:

Comments

  • AFIforlife
    AFIforlife Posts: 12 Forumite
    melbury wrote: »
    As I signed up to a fixed price until November 2008, does that mean I am locked into it until then? I dread to think what the prices will be by November. Does anybody know if suppliers let you change to a different tariff before the end of price fix term? Surely if you stayed with the same supplier it would be to their advantage wouldn't it?

    what supplier is it that you are with and do you know what tariff you are on?
  • davidmcg2u
    davidmcg2u Posts: 391 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Have you phoned your current supplier?

    They'd be able to tell you if you'd have to pay to get out of your existing deal or not.
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    AFIforlife wrote: »
    what supplier is it that you are with and do you know what tariff you are on?


    I am with Southern Electric on their Price Fix November 2008 tariff.
    Stopped smoking 27/12/2007, but could start again at any time :eek:

  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    davidmcg2u wrote: »
    Have you phoned your current supplier?

    They'd be able to tell you if you'd have to pay to get out of your existing deal or not.


    Thanks, I think I will phone them about it.

    Have just looked at their website and they now have a tariff that you can fix until 2010, so perhaps they would let me switch over without any problems.
    Stopped smoking 27/12/2007, but could start again at any time :eek:

  • AFIforlife
    AFIforlife Posts: 12 Forumite
    melbury wrote: »
    I am with Southern Electric on their Price Fix November 2008 tariff.

    at the moment i would stick with that as switching to another fixed tariff would be a 40-50% increase on your prices, make the most of them while you've got them

    also southern DO NOT have a fixed price until 2010 what it is is a fixed discount of 2% off there standard rates until 2010 with an exit fee aswell you will not be covered by price rises

    Prices for this tariff are fixed at 2% below Scottish & Southern's standard prices until 31st July 2010. There is a cancellation fee of £50 per fuel if customers switch away before 1st July 2009, falling to £25 per fuel if customers switch away between 1st July 2009 and 31st July 2010.
  • mech_2
    mech_2 Posts: 620 Forumite
    melbury wrote: »
    As I signed up to a fixed price until November 2008, does that mean I am locked into it until then?

    There is no lock-in on Southern Electric's Price Fix 2008 and no early exit fee. I know because I was on it and switched supplier without any problems.
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