Anyone not fixing?

J_J_Carter

I won't fixed, will just jump about for the lowest rate and focus on reducing consumption - probably also jump to gas for cooking with a cooker off t'Bay.

I shall, as before, 'over read' the meter by 25%-40% before the tariff increases and pre-pay at the current rate.

ANGLICANPAT

J_J_Carter wrote: »

I shall, as before, 'over read' the meter by 25%-40% before the tariff increases and pre-pay at the current rate.

Flipping heck, it never occured to me to do that - and such an obvious moneysaver now I think about it! Any downsides or problems could occur doing that on a regular basis?

marvin

ANGLICANPAT wrote: »

Flipping heck, it never occured to me to do that - and such an obvious moneysaver now I think about it! Any downsides or problems could occur doing that on a regular basis?

In theory if they send out a meter reader to check your meter after you have read it could cause a problem.

I am not fixing mainly becasue I am already on a capped rate through to next year. On that matter I would say if there is a capped rate rather than a fixed rate may be better to go for that. The reason is you are still on a variable rate it will not go above the top rate set when you take it out but does come down if rates are reduced. Not looked recently so do not know if capped rates still exist.

happy35

i am not fixing am on a deal with E-on until January and will look for another deal then.

we pay £82 per month for gas and electric, i can just about manage to stick to this by being careful but cant seem to bring the bill down any further than this

if my bills do increase I will be able to afford the increase so am not that worried at the moment as I am sure there will be more deals becoming available in the next few months and I dont want to end up paying over the odds for fixed prices

ragz_2

Not fixing as whenever I do a search it comes up with with my current tariff (NPower SignOnline19) a the cheapest for me and fixed ones as costing me over £200 more a year, which is about a 20% increase anyway. i'll just keep an eye on it.

Fairzo

Currently on a fix until October. Looked at the long term (2013/4) fixes but unit prices were double present costs so not worth switching at present.

backfoot

ANGLICANPAT wrote: »

Flipping heck, it never occured to me to do that - and such an obvious moneysaver now I think about it! Any downsides or problems could occur doing that on a regular basis?

A criminal record.

dannymccann

I am currently on SP Online basic tariff, we are fairly low users at £38 a month for gas and electricity combined (builds up some credit for winter as well, currently £99 after checking this morning) so I always go for cashback deals rather than the cheapest deals because that tends to work better for us!

macman

Do you mean Standard tariff-? That's the most expensive variable tariff. You are running far too much credit for such low usage, your balance should be around zero at midsummer, then you still have the rest of the summer/autumn to build up some credit for the winter months.
You can factor in the cashback value against the total contract costs, but it's the overall amount that matters.

jingleberry

I've jumped about from one variable rate deal to another over the past 4 years and it has been worth it - my monthly bill for gas and electricity has stayed at around £100 throughout the period. However I have just fixed with EDF until 2014. It will add £25pm to my DD. It's a gamble isnt it? I think the trouble in the middle east, the cost of green initiatives, the problems with nuclear energy following the japan earthquake, and the fact that oil and gas are finite resources, will all combine to drive energy prices up. There is also the added issue of peace of mind. I'll be very happy to put the whole issue to the back of my mind now until 2014.