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Should I Switch?

bchilds
bchilds Posts: 12 Forumite
Hi fellow money savers!

I wondered if I could ask for people's opinion?

I currently have the EDF Blue+ Price Promise tariff which is fixed until September 2013 and am wondering if I should switch to the more expensive tariff that's fixed until May 2014?

Charges are:

September 2013: 12.84p electricity kWh / 3.553p gas kWh
May 2014: 13.92p electricity kWh / 3.998p gas kWh

I wonder if by the time September 2013 comes round the other energy supplier prices will be considerably higher than EDF's currently are to fix up to May 2014.

What would you do?

Comments

  • pooch
    pooch Posts: 828 Forumite
    bchilds wrote: »
    Hi fellow money savers!

    I wondered if I could ask for people's opinion?

    I currently have the EDF Blue+ Price Promise tariff which is fixed until September 2013 and am wondering if I should switch to the more expensive tariff that's fixed until May 2014?

    Charges are:

    September 2013: 12.84p electricity kWh / 3.553p gas kWh
    May 2014: 13.92p electricity kWh / 3.998p gas kWh

    I wonder if by the time September 2013 comes round the other energy supplier prices will be considerably higher than EDF's currently are to fix up to May 2014.

    What would you do?

    You probably should have bagged the April 2014 tariff when it was offered.

    Unfortunately the May 2014 isn't so good so I'd be inclined to stay as you are with the Sept 2013 tariff for now.
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