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Blue +Price Promise April 2014

2»

Comments

  • MEMBER02
    MEMBER02 Posts: 812 Forumite
    Part of the Furniture Combo Breaker
    macman wrote: »
    No, compare against the best price variable tariff. Standard is always going to be the most expensive.

    the best price variable tariff for me at moment is with spark energy at £25 more expensive per year,used the mse energy savings club
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    MEMBER02 wrote: »
    The £350 is the increase in my tariff per year if i switch to the edf fix 2017 ,at the moment im using around £1200 gas&elecy each year if i switch cost will be £1550 per year


    The presumption has to be that the energy prices you pay after your price cap ends and up until March 2017 will be more in that 3 year period .

    Guess the EDF price will be at least 6% more at the end of current contract .
    Knock that 6% of the rough 25% price increase as above and you are left with prices to rise 19% over the remainder of the march 2017 contract . Apr 2014 to March 2017 .Three years for fuel costs to go up a further 19% ..
    This is me thinking aloud and figures may be wrong but looking at exactly the same with EDF .
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