MSE News: Will providers cut or increase energy prices? Experts tell us their views

redux

poppasmurf_bewdley wrote: »

I bet they weren't main-stream tariffs that you were swapping between, which is what I was talking about.

And winter does not last six months, it lasts for three months.

Why work on sweeping generalisation and guesswork, rather than evidential fact?

This house is with what you presumably mean as a mainstream provider, one of the so-called Big 6, but that isn't really a point as regular comparisons through last winter showed a progression towards cheaper tariffs from most suppliers not just one or two.

And incidentally the 2 steepest drops here were from the fixes to December 15 to the one for January 16 then to the February. The March 16 fix booked a few months ago has only been beaten for the first time this week.

On an adjacent thread, someone posted a link to a Telegraph article about the cost of loyalty if people run on from a fixed term to standard.

Without entering that argument, or even reading it, just look at the graph.

https://www.telegraph.co.uk/finance/personalfinance/energy-bills/11888930/Energy-firms-impose-186-lazy-tax-for-people-who-forget-to-switch.html#disqus_thread

thor

poppasmurf_bewdley wrote: »

If energy prices do go down, they won't go down this side of winter.

Experience shows this is the way things go.

Sad but true.
The utility companies excuse that they buy fuel one or two years in advance has now been widely accepted and this is always wheeled out when their prices come in to question. I reckon it won't matter that costs have gone down so much over the past few months; any corresponding tariff decreases will be minimal(or even non existent) in 2015, 2016, 2017 and beyond.
What were tariffs like when oil was last below $50 per barrel?