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Fixed Electricty Prices
Help ! I am looking for a new contract with an electricty provider. But, when I look at the deals the 'prices are fixed' option seems a good idea UNTIL I read that the rates are not actually fixed until Feb 2013 or whatever. They quote the current rate but then are fixed at a potentially variable rate, at say 'at least 6% below the higher standard charges' (npowers Go fix 8 tariff).
Similarly for Scottish Power's Fixed saver Trariff:
Prices 4.3% cheaper than Scottish Power's standard monthly Direct Debit prices effective 1st August 2011.
Fixed prices for two winters until April 2013.
So, fixed at 4.3% cheaper than the variable standard monthly DD prices.
Or have I read it all wrong?
Similarly for Scottish Power's Fixed saver Trariff:
Prices 4.3% cheaper than Scottish Power's standard monthly Direct Debit prices effective 1st August 2011.
Fixed prices for two winters until April 2013.
So, fixed at 4.3% cheaper than the variable standard monthly DD prices.
Or have I read it all wrong?
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