changind to fixed price or not?

jhe

thiking of changing my suppliers,i can save £96 a year on dual fuel or £84 a year fixed price until 2013.
just to ask others who have changed recently or have more knowledge than me, would you take a chance with fixed or not?

macman

The issue is not whether to fix or not. It's the price at which you fix.
I'm afraid that all the cheap fixes were canned a couple of months ago now.
If you fix, you are not taking a chance-you know exactly what you will be paying for the next 2 years. That's what you are paying a premium for.

jhe

thanks macman.
i meant the chance i take is if energy prices were to drop.just wondered if for the £12 difference a year it would be best to fix.

ive actually just checked my tarrifs thought i was on standard online with n power but i am on sign online 10 which isnt on the compare sites so the prices i put in first post wont be accurate.

macman

No one knows, if we did we would all jump the same way. Which is why my point is that the purpose of fixing is to buy security-not necessarily the cheaper price.
Fixing at a small premium is good unless you expect prices to stay static or fall.

Pincher

I'm in the price will drop camp.

Q. Why?

A. Just a hunch.