EDF Fixed Term Tariff Ending July 2021 - switch now?

hufc2002

Hi all

My fixed term tariff with EDF ends on 3-/07/2021.  All tariffs these days are so much more expensive so if you were in my shoes would you switch now in the event of tariffs becoming even more expensive or leave it until late July and continue benefiting from my current cheaper tariff?

thanks in advance 

Neil_Jones

Depends how good your crystal ball is and where you think things are going.  You're probably in your switching window by now so...  The trend for what its worth is upwards.

milgo

Start your switch immediately! If you decide to go with a supplier tariff without exit fees then you can always switch again should prices go down.

hufc2002

so it doesn't make sense to carry on making the most of my cheaper tariff and then switch in late July?

QrizB

hufc2002 said:

so it doesn't make sense to carry on making the most of my cheaper tariff and then switch in late July?

If any of us knew which way markets would move we wouldn't be here, we'd be running investment funds
If you think prices will rise in the next 6 weeks, switch now. If you think they will stay the same or fall, switch later. Given that it's summer, your energy use is likely to be at its lowest and the gain or loss will be no more than a pound or two.