Fixed tariff ending, HELP!

fordy

Currently we are with E-on on Fix online 6, current bill @ £675 a year.

Units 3614 kWh Electricity, 9922 kWh Gas.

Mum can get the Age UK Price Protection tariff with E-on but it will work out nearly £200 more expensive. (I don't see how that is meant to benefit pensioners)

How volatile are energy prices going to be this next year, is it worth taking a punt and not going with a fixed/capped tariff?

Appreciate any advice

thanks

David

JJ_Egan

Been on varying fixed tariffs for a number of years .
Works out that i am about one and a half steps behind current price increases .

Will Energy prices go down ???? hard one but when was last significant drop that was not covered by a rise six months before/after .

India China Ex Soviet block all want more energy meaning new sources or more competitive market and higher prices .

How much more expensive over a current account is the fixed tariff is always my first question .

jje

fordy

well the best E-on are offering us is track and save 8 which comes in at @£745 which is far better than Age UK Price Protection tariff which is actually coming in at @£1,042!!

at that price difference theres no benefit at all.

Wish id known about the 4 week minimum switch time, the contract ends 1st march


Oh, as I type this the bill from the reading I took earlier came through.

3727 Electricity, 10564 Gas.

Back to the drawing board.

echoecho_2

fordy,

eon's cheapest tariff is saveonline 5 but that is only available via your online account. Best thing to do is to get your annual kwh consumption and use a price comparison site to find your best deal.

fordy

yeah, its coming back between EDF and Npower but they aren't fixed or capped. Its such a risk, damned if you do damned if you dont

I'm !!!!ed with E-on, we've been with them for years now and they've been cheaper consistently every year.

monkeyspanner

fordy wrote: »

well the best E-on are offering us is track and save 8 which comes in at @£745 which is far better than Age UK Price Protection tariff which is actually coming in at @£1,042!!

at that price difference theres no benefit at all.

Wish id known about the 4 week minimum switch time, the contract ends 1st march


Oh, as I type this the bill from the reading I took earlier came through.

3727 Electricity, 10564 Gas.

Back to the drawing board.

I think Fix Online 6 might end on 1st April. For us the best alternative is first utility (fixed for 3 month) then edf Online Saver 8 (variable). Both about £110 a year more expensive. Cheapest longer ternm fixed is edf fixed saver dual £235 more expensive. We usually look at comparison sites like uswitch.com and then look for cash back with quidco.com which is offering £50 cash back for a dual fuel switch to edf.
Eon is offering Price Protect 2014 to existing customers but it is £420 a year more expensive for us.

Airmike23

Based on consumption you provided cheapest deal bar none is Online Saver 8 with EDF - this is a variable unit rate tariff. Cherapest fixed deal is EDF again Fixed Saver. which will be about £100 dearer than last 12m+ on Eon Fix Online 6 the Online Saver is about £30 dearer than Fix Online 6