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Fixed Tariff Renewal - OUCH!!

My current dual fuel fixed tariff runs out 31 March, and I've just had the renewal offer of a fixed tariff to 31 Jan 2020.


Past year DD was £122 but reduced in December to £115, looks like that will be about correct.


Renewal offer from 1 April is £152pm! Had a quick look at comparison sites and Cheap Energy Club, all offers are £145 and upward. I spreadsheet my gas and electricity useage so have accurate annual useage figures for both.



Been with current supplier for a couple of years now and been very happy with them, looks like the next 12 months will be rather more expensive than past 12 months!

Comments

  • Farway
    Farway Posts: 14,906 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    Have you tried separate suppliers for gas & electric?

    Dual fuel is not always cheaper option these days
    Numerus non sum
  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Looking at MSE CE today my fix Feb 2018 i would be able to get almost the same price on the Big Energy Switch and a few others .
    Comparing tarrif prices only .
  • nigelbb
    nigelbb Posts: 3,819 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Forget about what your direct debit will be with your current supplier or what the projected monthly price is with a new supplier just look at the the tariff you are paying now, your energy consumption in kWh over the past year & the proposed new tariffs to calculate what will best for you.
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