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Last Price Increase by First Utility
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grizzly1911
Posts: 9,965 Forumite
in Energy
An elderly relatives current fixed rate deal with EDF finishes at the end of December.
Just looking at options. The EDF standard variable tariff is the same as their 3/2015 fix so I guess it is clear where they are steering you.:mad:
Current spend ~£600, EDF fix is ~£720.
First Utility standard variable is showing as ~£600 whereas the others seem to be about the ~£660. The FU tariff is fixed for the first 3 months.
Any one know when First Utility last increased prices or are they due to soon.
I know the EDF is fixed (good for budgeting) but if FU aren't likely to increase in say the next 6 months then even allowing for 10% increase pa it would work out cheaper over the three years (~£200) and give (no cost) flexibility should anything positive come out of the new tariff system.
Just looking at options. The EDF standard variable tariff is the same as their 3/2015 fix so I guess it is clear where they are steering you.:mad:
Current spend ~£600, EDF fix is ~£720.
First Utility standard variable is showing as ~£600 whereas the others seem to be about the ~£660. The FU tariff is fixed for the first 3 months.
Any one know when First Utility last increased prices or are they due to soon.
I know the EDF is fixed (good for budgeting) but if FU aren't likely to increase in say the next 6 months then even allowing for 10% increase pa it would work out cheaper over the three years (~£200) and give (no cost) flexibility should anything positive come out of the new tariff system.
"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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Comments
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grizzly1911 wrote: »An elderly relatives current fixed rate deal with EDF finishes at the end of December.
Just looking at options. The EDF standard variable tariff is the same as their 3/2015 fix so I guess it is clear where they are steering you.:mad:
Current spend ~£600, EDF fix is ~£720.
First Utility standard variable is showing as ~£600 whereas the others seem to be about the ~£660. The FU tariff is fixed for the first 3 months.
Any one know when First Utility last increased prices or are they due to soon.
I know the EDF is fixed (good for budgeting) but if FU aren't likely to increase in say the next 6 months then even allowing for 10% increase pa it would work out cheaper over the three years (~£200) and give (no cost) flexibility should anything positive come out of the new tariff system.
For a saving of at least 10% I'd stick with FU for now - at least you know the prices will not incresae for at least 3 months.
Then check again in 3 months and if they do raise their prices by more than 10% (unlikely) think about switching then.0
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