We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Do I fix now?

hufc2002
hufc2002 Posts: 329 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
Hi all

My NPower fix is coming to an end at the end of September and I am now free to move elsewhere without incurring a penalty.

British Gas appear to be offering the cheapest fix out of the big 6 so my question I suppose is do I move now or do I hang on a little longer in case some fixed deals become cheaper?

British Gas' tariff is slightly cheaper than my current fix.

Thanks

Comments

  • PennineAcute
    PennineAcute Posts: 1,185 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    If I could answer that, I would be a millionaire and not have to worry about energy prices.

    Prices do seem to be dropping at the moment and the actual cost of price has dropped dramatically. Markets do not like uncertainty, and the closer we get to a certain day (at the end of October), the more uncertain it will be.
  • AndyPK
    AndyPK Posts: 4,378 Forumite
    Part of the Furniture 1,000 Posts
    If it were me I wouild fix for 1 year.


    You don't want to be on a standard deal when turning the heating on (sept? / oct) .
    And sometimes switches can get delayed!


    monitor deals over the 14 days following the switch request.
    you can always change your mind in that 14 days if there is a big saving to be had
  • Try fixing with separate suppliers on an exit fee free one year fixes..eg Symbio Energy for electric and Zog Energy for gas. These two offered the best overall annual costs for me , with the ability to jump ship in the future if prices lowered in the next year.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.