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Fix or cap
Rosemary_Jane
Posts: 189 Forumite
in Energy
Hi all,
Some advice would be welcome. I have never switched suppliers before, so am a bit concerned. I got the MSE email saying cap now, so I've been to the recommended comparison site and, basically, there aren't many caps around.
If I capped my rate and went dual fuel, I'd save £15.
If I went to a fixed rate, I'd save £250, fixed and tied for 13 months. So I've chosed the fixed, and have a seven day cooling off period.
However,I was telling a freind, and they say the government may force suppliers to reduce their prices in order to please the voters, and I'm silly to fix the price now.
What do readers on this board think?
Thanks,
Rosemary
Some advice would be welcome. I have never switched suppliers before, so am a bit concerned. I got the MSE email saying cap now, so I've been to the recommended comparison site and, basically, there aren't many caps around.
If I capped my rate and went dual fuel, I'd save £15.
If I went to a fixed rate, I'd save £250, fixed and tied for 13 months. So I've chosed the fixed, and have a seven day cooling off period.
However,I was telling a freind, and they say the government may force suppliers to reduce their prices in order to please the voters, and I'm silly to fix the price now.
What do readers on this board think?
Thanks,
Rosemary
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