Anyone not fixing?

s-a-h-

Are there any people out there not fixing and hoping they may come out of it ok in the long run?

macman

Millions. Remember that something like 80% of the population are not even on discounted tariffs and remain on Standard. Not everyone is MSE-savvy.

backfoot

Conscious decision by me not to fix.

Either the fixed term is too short or the premium to fix is too high.

It's ironic that SP set the ball rolling with it's massive hike and yet their new online 'direct' product is currently the cheapest on the market and not much more expensive than EDf's OS7 which has done well for those that signed up before Christmas.

Viper_7

Being one of the 80% of the population on standard variable these past few years with no overpayment charges have seen me overpay 1000's and I'll have fully paid off Mortgage in 6-9 months. 14 Years early ;-)

backfoot

Viper_7 wrote: »

Being one of the 80% of the population on standard variable these past few years with no overpayment charges have seen me overpay 1000's and I'll have fully paid off Mortgage in 6-9 months. 14 Years early ;-)

What's your mortgage got to do with utility charges? (fixed or variable ) :think:

4$£&*(£$&*(!

I'm not fixing. I fixed after Martin's last suggestion and throughout there were lots of online deals that would have worked out cheaper than fixing. I think those of us who are savvy enough to monitor what's going on are pretty likely to be better off doing things this way instead.

s-a-h-

I think viper is saying that a fix on any product can lock you in to paying over the odds sometimes.
This is what I'm thinking could happen if I fix my fuel now.
Then again fuel prices could spiral, who knows?

macman

And I think Viper thinks this is the Mortgages board...

Farway

I am not fixing, as a lowish user the terms often seem onerous and TBH I can afford price increases anyway, may not be MSE but certainly with my means

Ken68

Am not fixing either, also a low user, will wait for a decent cashback or maybe go for a simple No Standing Charge tariff.

C_Mababejive

No fix here. Currently moved onto SP's new customers only on line energy product. Only pay £53 pm for gas and electric.

Keep cutting consumption. That which is managed improves..!