who else took the gamble and didnt switch to a fixed product

welda

Cardew wrote: »

He won't be popular with Corgi fitters!

Well we were speaking on a one to one basis. I asked another guy at work the same question, basically same reply except, if a system has cold spots on a rad/rads a power wash is recommended, also cleans out the system sludge, this will improve efficiency, pipes fur up, chemical put in system, flush it out, more to it than this tho, I believe BG take around £800 for a power flush, I reckon a one man outfit will take less, but still costly. Fortunately I am not in a hard water area, so less chance of pipes furring up. I will be adding inhibitor this weekend, just to keep the corrosion at bay from boiler heat exchanger.

W.

Ps, to do a power flush correctly is time consuming, quoted a days work!!

BexTech

elektra wrote: »

I'm fairly sure my SP fixed 2011 deal did not have termination fee.

It doesn't.

withabix

Jules22 wrote: »

i NEVER fix any prices or mortgage rates.

i dont like a slap in the face when the term expires. its false economy.

www.moneywastingexpert.com is that way

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Cardew

Jules22 wrote: »

i NEVER fix any prices or mortgage rates.

i dont like a slap in the face when the term expires. its false economy.

So if a Bank would offer you a 25 year mortgage fixed at 1% interest for the first 24 years, using that logic you wouldn't accept it because of the huge jump in repayments in 24 years time?

How about 2% for 20 years? or would the jump still be too much?

BexTech

Cardew wrote: »

So if a Bank would offer you a 25 year mortgage fixed at 1% interest for the first 24 years, using that logic you wouldn't accept it because of the huge jump in repayments in 24 years time?

How about 2% for 20 years? or would the jump still be too much?

Just shows how dreadful some people are at budgeting and money management. Just says that they have to spend every last penny they have over instead of putting it away somewhere earning high interest and budgeted for if they were paying more. Sadly this is why so many people get into a mess with debt - they haven't learnt any money management skills.

mech_2

1carminestocky wrote: »

They seem to have gone very quiet on the 'gas price is linked to the price of oil' mantra just lately. I wonder why :rolleyes: We are now informed it is only 'loosely linked'

Quiet? Who?

You will find looking at actual data is enlightening. Or maybe Google doesn't work on your machine?

http://www.ilexenergy.com/pages/Documents/Reports/Gas/UKOOAReport2004.pdf figure 2.
http://www.ofgem.gov.uk/Markets/WhlMkts/CustandIndustry/winout2008/Documents1/Winter%20Outlook%20Consultation%20Report%20(June).pdf figure A3.

No wonder the energy companies have such low credibility with the general public.

The general public will believe whatever they want to believe. It won't change the reality.

[Deleted User]

oil down again and now $105

1carminestocky

mech wrote: »

Quiet? Who?

You will find looking at actual data is enlightening. Or maybe Google doesn't work on your machine?

http://www.ilexenergy.com/pages/Documents/Reports/Gas/UKOOAReport2004.pdf figure 2.
http://www.ofgem.gov.uk/Markets/WhlMkts/CustandIndustry/winout2008/Documents1/Winter%20Outlook%20Consultation%20Report%20(June).pdf figure A3.




The general public will believe whatever they want to believe. It won't change the reality.

Google? Never heard of it . And of course I, as a member of the general public, will decide what I want to believe. I have to say, utterances by the energy companies wouldn't be high on my 'trusted' list. Your 'loosely linked' claim sort of confirms all I require to make this sort of judgement. At no time did I read at the time the correlation was made by energy companies that the price of gas was linked to the price of gas that the link was 'loose'. But, of course, at the time oil was at an all-time high price and now it's approx 30% off that high. Now it's 'loosely linked' :rolleyes: . If you didn't work in the industry, I'm sure you would understand I, and maybe millions of others', scepticism.

alared

With oil down 33% since it peaked in July, and all the energy providers blaming oil for their rip-off price hikes,surely they all have to cut energy prices drastically now.

Don`t hold your breath.

[Deleted User]

no wonder they got so many people tied in

http://www.ft.com/cms/s/0/67b0eed6-7924-11dd-9d0c-000077b07658.html?nclick_check=1