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Potentially misleading Energy provider searches in moneysupermarket

caveman
caveman Posts: 29 Forumite
I searched for Energy providers and ticked boxes "online", "Fixed" and "capped".
I assumed this would give me online fixed and capped tarrifs only.In fact it gives you all online tarrifs. Not realising this I selected "Online October 2013" from Npower - thinking it was fixed until october 2013. Unfortunately it is still a variable tarrif, just cheaper than standard.:(


I know it comes down to careful reading of small print etc. but I thought it's worth being aware that if the headline doesn't say "fixed" then it will be VARIABLE.

Comments

  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Since 'fixed' and 'capped' tariffs are mutually exclusive, wouldn't that be obvious?
    No free lunch, and no free laptop ;)
  • caveman
    caveman Posts: 29 Forumite
    macman wrote: »
    Since 'fixed' and 'capped' tariffs are mutually exclusive, wouldn't that be obvious?

    I don't really understand the difference between fixed and capped to be honest, so no, not to me.
  • DUTR
    DUTR Posts: 12,958 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    caveman wrote: »
    I don't really understand the difference between fixed and capped to be honest, so no, not to me.

    Fixed means the rate does not change during the term, eg if you are on a fixed rate, when the news articles arrive to say energy prices have increased, then it does not affect the subscriber.
    Capped is variable but will not increase above a certain level, but can reduce.
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