Should I change from an existing Fixed Rate deal to a longer one?

ROSaunders

My electricity is currently with EDF Energy on their Blue+Price Promise April 2014 tariff. This tariff has no early exit charges.

Having joined the Cheap Energy Club, it tells me that there are no cheaper tariffs available now and that EDF's Blue + Price Freeeeze March 2017 tariff will cost me an extra £205 per year.

My quandry is that if I wait until April 2014 before changing tariff, will the Faxed Rate tariffs available then have gone up much higher than they are now therefore costing me more money in the long term?

Bluebirdman_of_Alcathays

It must be silly season, how many more times will this question be asked this week?

https://forums.moneysavingexpert.com/discussion/4788281

NittyGritty

ROSaunders wrote: »

My electricity is currently with EDF Energy on their Blue+Price Promise April 2014 tariff. This tariff has no early exit charges.

Having joined the Cheap Energy Club, it tells me that there are no cheaper tariffs available now and that EDF's Blue + Price Freeeeze March 2017 tariff will cost me an extra £205 per year.

My quandry is that if I wait until April 2014 before changing tariff, will the Faxed Rate tariffs available then have gone up much higher than they are now therefore costing me more money in the long term?

if you want peace of mind of no furher increases until 2017 then either EDF or npower are the deals for you, yes you will pay a little higher price for it,

come april 14, you will get another price hike regardless, as each and every new tariff, is in essence a price hike. and just because (the first of the big 6 claim a 8.2% rise) that will certainly not mean thats the true cost as unit prices will more than likely be higher than the official figure of 8.2% in some cases