Wholesale prices

MaxiRobriguez

Hello -

Our fixed term dual fuel is due to end at the end of this month. I've been keeping an eye on gas price futures and I'm wondering if it's worth not switching now to get another month of lower demand on gas priced in before switching thereafter, on the assumption that that timeline might filter into retail prices.

I'm not really experienced with how wholesale prices relate to retail prices both in terms of relationship, pace of change etc.

Anyone got any thoughts about whether to switch now, or take the extra cost for a few weeks and switch later at potentially lower prices?

Also, I'm assuming it'll probably be worth locking in for as long a term as possible, providing the rates are comparable enough to the smaller term fixes?

JJ_Egan

(Anyone got any thoughts about whether to switch now, or take the extra cost for a few weeks and switch later at potentially lower prices? )   Or potentially higher prices .

( I'm assuming it'll probably be worth locking in for as long a term as possible, providing the rates are comparable enough to the smaller term fixes?)    Not if you expect prices to go down and i have not seen any current 2 year fixes worth the large extra .