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Energy Cap

heronbommie
Posts: 37 Forumite


in Energy
My edf fixed tariff ends soon, the SVR and fixed rates offered are very similar, some more than the SVR. Apart from the obvious what’s the benefit of fixing? Is this a change by suppliers to claw back the profits from SVR?
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Comments
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The price cap is likely to be increased in April. Announcement due next month I believe. Wholesale prices have increased plus increased costs due to covid.0
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