GAS/ELECTRIC RENEWAL - CANT FIND ANYTHING CHEAPER THEN WHAT I HAVE

niktheguru

xlnc99 said:

I was always on the Fixed Tarif but it looks like variable is the better option this time. I do hate variable

Its a shame the prices going up so much

Are you sure variable is the best choice? Yes it might be cheaper now, but theres that uncertainty when the prices go up again, and you could have fixed now for potentially less. It doesn't look like prices are coming down any time soon.

niktheguru

Foxy16 said:

Zog do have a 12month fixed rate, no exit fee which is only £5.00 a year dearer than one with a £30. exit fee, but I am assuming the exit fee only applies if you move to another supplier not stay with Zog and try to switch to one of their lower tariffs, if by any chance prices dropped.

If that's the case take the £5 dearer one with no exit fee.
With regards to exit fees it should be the case for changing all providers and even changing tariff with the same provider. Though a lot of providers will waive that fee if you choose another tariff with them. (but they are within their right to charge you if they wish)

xlnc99

niktheguru said:

xlnc99 said:

I was always on the Fixed Tarif but it looks like variable is the better option this time. I do hate variable

Its a shame the prices going up so much

Are you sure variable is the best choice? Yes it might be cheaper now, but theres that uncertainty when the prices go up again, and you could have fixed now for potentially less. It doesn't look like prices are coming down any time soon.

Yes that is what i mean. I dont like variable but it seems for the minute Variable is cheaper then fixed and for sure it is going to go up in price but then its the time to switch back to fixed or find an alternative variable.

It really is a lottery - no right way to do things

[Deleted User]

xlnc99 said:

That time of year and i cant find anything that matches what i am currently paying. Is this normal?

I am currently on AVRO Simple and Super Glow

Nowhere comes close and even the renewal quote is higher then this. Any suggestions?

I am currently with AVRO too on a different tariff but I know the next 'deal' I will move to (be it with Avro or with someone else dual or seperates) will see me shelling out what looks to be an increase of at least £10-11 pcm and that was for a tariff starting February 2011.  And it appears to be getting worse as the months tick by in 2021 as I re-run my numbers in energy comparison sites after I have submiited monthly readings (having workout out annual consumption on a rolling 12 monthly basis).  You will struggle to get a dual fuel much cheaper than Avro without exit fees. 

niktheguru

xlnc99 said:

niktheguru said:

xlnc99 said:

I was always on the Fixed Tarif but it looks like variable is the better option this time. I do hate variable

Its a shame the prices going up so much

Are you sure variable is the best choice? Yes it might be cheaper now, but theres that uncertainty when the prices go up again, and you could have fixed now for potentially less. It doesn't look like prices are coming down any time soon.

Yes that is what i mean. I dont like variable but it seems for the minute Variable is cheaper then fixed and for sure it is going to go up in price but then its the time to switch back to fixed or find an alternative variable.

It really is a lottery - no right way to do things

Yes but don't forget, when the variable rate goes up, the fixed rates will probably go up too, so when you move across to fixed it will be more expensive than what is available fixed right now......i agree, a bit of a minefield!

nigelbb

niktheguru said:

xlnc99 said:

niktheguru said:

xlnc99 said:

I was always on the Fixed Tarif but it looks like variable is the better option this time. I do hate variable

Its a shame the prices going up so much

Are you sure variable is the best choice? Yes it might be cheaper now, but theres that uncertainty when the prices go up again, and you could have fixed now for potentially less. It doesn't look like prices are coming down any time soon.

Yes that is what i mean. I dont like variable but it seems for the minute Variable is cheaper then fixed and for sure it is going to go up in price but then its the time to switch back to fixed or find an alternative variable.

It really is a lottery - no right way to do things

Yes but don't forget, when the variable rate goes up, the fixed rates will probably go up too, so when you move across to fixed it will be more expensive than what is available fixed right now......i agree, a bit of a minefield!

Opting for a fixed rate isn't about getting the cheapest deal as it almost never will be. It's about having a consistent price that you can budget on. I always opt for a 24 month fix.

xlnc99

I agree fixed is more desirable and 100 percent the better option! I hate variable.

But if variable is considerably cheaper then i may go for that and switch at a later time when the price hikes. As nic said - the risk of this is the FIXED price increasing aswell and it may have been better for me going for a fixed now rather then later. But then it could not be that much higher and even the same. Who knows?

Its all ifs and buts - no right answer.

Defo like fixed rates - less hassle and stress.

Foxy16

Appreciate all the replies and comments, having used several comparison sites and only found slightly cheaper providers with bad reviews, will be staying with Zog, I switched to them after reading all the good reviews on MSE in 2015, was with my previous  provider over 35yrs and saved £180. the following year. Always found Zog customer service excellent. Have now decided to go for a 24month fixed, no exit fees, extra £14. on top of increase. 

xlnc99

extra 14 per month or overall?

niktheguru

Foxy16 said:

Appreciate all the replies and comments, having used several comparison sites and only found slightly cheaper providers with bad reviews, will be staying with Zog, I switched to them after reading all the good reviews on MSE in 2015, was with my previous  provider over 35yrs and saved £180. the following year. Always found Zog customer service excellent. Have now decided to go for a 24month fixed, no exit fees, extra £14. on top of increase. 

Sounds like a sensible plan!