No Deals!!!!

Phlik

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Easy to tell someone they're wrong six months after the fact.

QrizB

Admiral_Barbarossa said:

BUFF said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

based on the best information available at the time & months before a war kicked off ...
Hindsight is always 20/20.

The gas spot rate was rising at the time due to the fact demand was increasing after the shutdown due to Covid! When I posted last September, the comparison sites were not offering any deals!

So to my original question, Was I correct to switch last September?

Perhaps you could answer my question, then we might be able to say?

QrizB said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Probably. What rates did you fix on, and for how long?

BUFF

Admiral_Barbarossa said:

So to my original question, Was I correct to switch last September?

tell you after your fix ends.

northernstar007

also ignored the advice of not getting a fix in dec 2021, so glad i took a 2 year deal

Admiral_Barbarossa

QrizB said:

Admiral_Barbarossa said:

BUFF said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

based on the best information available at the time & months before a war kicked off ...
Hindsight is always 20/20.

The gas spot rate was rising at the time due to the fact demand was increasing after the shutdown due to Covid! When I posted last September, the comparison sites were not offering any deals!

So to my original question, Was I correct to switch last September?

Perhaps you could answer my question, then we might be able to say?

QrizB said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Probably. What rates did you fix on, and for how long?

I answered that on my other thread! But thanks for asking!

Admiral_Barbarossa said:

Just done my monthly check since a few cowboy outfits have exited the market to see my current saving with SP and their December fix they gave me in September!

All now 50% more than the £97 I got back then!

Last December as deals were rocketing toward what the April cap was!

Admiral_Barbarossa said:

Now as I switched last September to a slightly more expensive deal, had I waited until my deal ended in December, I would now be on SVR and paying £600 more this year!

And a few more energy cowboys have gone bust since my last update!

So will you answer my question?

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

By my reckoning I was!

EssexHebridean

Would you like us to all individually offer you the pat on the back and congratulations you're craving, or may I do so on behalf of the rest of the forumites and save them the trouble?  

(Also - do bear in mind that what was right for you will not be right for anyone. My calculations confirm that we will certainly be better of as far through as October having stuck on SVR rather than switching, and possibly further ahead than that depending on what happens then. There have literally been NO cheaper fixes for us other than the one we had for Gas before UP went pop inside the last 12 months - had we fixed we would already have paid enough over the odds for the last few months that it would have wiped out any saving made during April > October. That "Multimillionaire Influencer" did know what he was talking about after all...) 

Phlik

Admiral_Barbarossa said:

QrizB said:

Admiral_Barbarossa said:

BUFF said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

based on the best information available at the time & months before a war kicked off ...
Hindsight is always 20/20.

The gas spot rate was rising at the time due to the fact demand was increasing after the shutdown due to Covid! When I posted last September, the comparison sites were not offering any deals!

So to my original question, Was I correct to switch last September?

Perhaps you could answer my question, then we might be able to say?

QrizB said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Probably. What rates did you fix on, and for how long?

I answered that on my other thread! But thanks for asking!

Admiral_Barbarossa said:

Just done my monthly check since a few cowboy outfits have exited the market to see my current saving with SP and their December fix they gave me in September!

All now 50% more than the £97 I got back then!

Last December as deals were rocketing toward what the April cap was!

Admiral_Barbarossa said:

Now as I switched last September to a slightly more expensive deal, had I waited until my deal ended in December, I would now be on SVR and paying £600 more this year!

And a few more energy cowboys have gone bust since my last update!

So will you answer my question?

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

By my reckoning I was!

and would you have said anything if prices had dropped significantly after you signed up to a fixed deal? No, you'd have kept quiet 

Like I said it's easy to be a smart **** after the fact

jimexbox

Fixed deals, at least with Eon, have zero risk. Its in their T&C that you can switch tariff or change supplier at anytime. Obviously dependant on any exit fee. 

RogerBareford

Admiral_Barbarossa said:

QrizB said:

Admiral_Barbarossa said:

BUFF said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

based on the best information available at the time & months before a war kicked off ...
Hindsight is always 20/20.

The gas spot rate was rising at the time due to the fact demand was increasing after the shutdown due to Covid! When I posted last September, the comparison sites were not offering any deals!

So to my original question, Was I correct to switch last September?

Perhaps you could answer my question, then we might be able to say?

QrizB said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Probably. What rates did you fix on, and for how long?

I answered that on my other thread! But thanks for asking!

Admiral_Barbarossa said:

Just done my monthly check since a few cowboy outfits have exited the market to see my current saving with SP and their December fix they gave me in September!

All now 50% more than the £97 I got back then!

Last December as deals were rocketing toward what the April cap was!

Admiral_Barbarossa said:

Now as I switched last September to a slightly more expensive deal, had I waited until my deal ended in December, I would now be on SVR and paying £600 more this year!

And a few more energy cowboys have gone bust since my last update!

So will you answer my question?

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

By my reckoning I was!

To answer a question like that you will need to give us your annual usage for Gas and Electric and also the unit rates for gas and electric plus standing charges. Without that information we wouldn't know if your gamble of a more expensive fix was a good choice or not.

But do remeber is was a gamble at the time because all the fixed tariffs were more expensive than the ofgem capped rates and nobody could have reasonably predicted the events that proceeded to cause such a massive increases in prices since then.

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Well he got around £87 million from selling this website so he must know something about money and being a millionaire doesn't mean his advice at the time was wrong, i agreed with it and i don't agree with everything he says.

Admiral_Barbarossa

Phlik said:

Admiral_Barbarossa said:

QrizB said:

Admiral_Barbarossa said:

BUFF said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

based on the best information available at the time & months before a war kicked off ...
Hindsight is always 20/20.

The gas spot rate was rising at the time due to the fact demand was increasing after the shutdown due to Covid! When I posted last September, the comparison sites were not offering any deals!

So to my original question, Was I correct to switch last September?

Perhaps you could answer my question, then we might be able to say?

QrizB said:

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

Probably. What rates did you fix on, and for how long?

I answered that on my other thread! But thanks for asking!

Admiral_Barbarossa said:

Just done my monthly check since a few cowboy outfits have exited the market to see my current saving with SP and their December fix they gave me in September!

All now 50% more than the £97 I got back then!

Last December as deals were rocketing toward what the April cap was!

Admiral_Barbarossa said:

Now as I switched last September to a slightly more expensive deal, had I waited until my deal ended in December, I would now be on SVR and paying £600 more this year!

And a few more energy cowboys have gone bust since my last update!

So will you answer my question?

Admiral_Barbarossa said:

Was I correct to switch last September to a fixed deal, long before some multimillionaire influencer said stay to SVR?

By my reckoning I was!

and would you have said anything if prices had dropped significantly after you signed up to a fixed deal? No, you'd have kept quiet 

Like I said it's easy to be a smart **** after the fact

No, I would again switch with my supplier to a better deal! Just like I have done so for the last twenty or so years!

Admiral_Barbarossa said:

Having been a main supplier customer for over 20 years, I have not switched to another one in that time. My supplier has regularly given competitive rates, withing £20 a year of the fly by night outfits, two more of which have ceased trading today. Even the uswitch site last year gave me a good deal, that withing days said no other deals, should I switch could beat my rates! Then the switch I pulled off, in contract free with them went through early this month. Sergie has not bothered to compare and uswitch has not got that one yet!

Of course I have hovered around here to see what was happening and for me it ...

So if I switch, I get hassle of a transfer, will it go through!
It takes moths to get the credit back from previous supplier because they got the DD wrong!
New supplier realises that they gave inaccurate estimate (sweetener?) and rack up new DD!
I get upset and switch again, to go through it all year in, year out! Losing out on the WHD as you do so!

All that for a jar and a steak in the bar a year? Is that hassle worth it?

My main supplier does this in about two days to the best tariff, or in 7 days if from the uswitch site!

So yes, I could be a Smart Alec, that is what I think you were trying to say!!!