Energy bills this christmas!?

Robin9

lorenjane - what is fixed is the unit price and standing charge - if you use more than you or the supplier guessed then there will be more to pay than the DD you have been paying; if you less then there will be a refund.

Cardew

lorenjane wrote: »

Hi there

I know ML always raves on about switching to get the best deal etc, but at the end of a price fix for example, if you are over what you have been paying, you have to pay the excess anyhow so what exactly is the point in having a fixed tariff?

Welcome to the forum.


It would appear that you(and many others) are under the misapprehension that a gas/electricity fixed tariff is like the old Powergen 'Staywarm' tariff - which was rather like an 'one price for all you can eat' restaurant menu. ie. you paid a fixed price regardless of how much gas and electricity you used.


The post above explains a fixed price tariff.