Fixing Gas and Electric Prices

susanann_2

I am shocked at the price increase on N Power signonline 10. Have looked around and OVO are my cheapest for a Fixed Price for 12 months. Is it a good idea to fix your gas and electric now, I know that it was a while ago just wondered what the feelings are with it now.

kjsmith7

It's up to you. Would you prefer to know exactly what your prices are going to be for a year or two years, knowing that no matter if they increased or decreased your prices wouldn't move, but you'd be able to budget effectively? Or would you prefer immediate savings if there were price decreases, and willing to bet those savings on potential price increases over the coming years? If your current price has been fixed, would you prefer your prices to jump up but stay that way for another couple of years or would you prefer to have less of an increase now? No one has a crystal ball (otherwise we'd all know next weeks Lottery numbers) or I'd have fixed on the Price Protection 2010 that a load of lucky people are coming off now haha