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Standard variable price cap better than switching offers

Cheryl_Williams
Posts: 2 Newbie
in Energy
Hi my EDF Simply fixed tariff ends April 30th. I have entered my annual consumption on comparison sites and best deal shows annual estimated cost of £1296 per year. This is higher than price cap for April 2019 which is £1254. Would I be better off just going to standard variable and relying on price cap. How exactly does cap work?
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