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Should I lock into new deal now?
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this what im on from today.
Electricity
Plan nameUnit rateSimpler Energy19.34p per Kilowatt hourkWhStanding charge22.63p a dayContract start date27th November 2021Contract end dateRolling variable planExit feeThere are no exit fees to pay on this contract.Future annual consumption4336 kWhGas
Plan nameUnit rateSimpler Energy3.79p per Kilowatt hourkWhStanding charge24.87p a dayContract start date27th November 2021Contract end dateRolling variable planExit feeThere are no exit fees to pay on this contract.Future annual consumption9693 kWh
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bagand96 said:
Focus on your annual use and the kWh rates, some quick maths will give you the annual costs. That gas 8.338p/kWh is DOUBLE what you're currently paying Bulb which is at the Ofgem cap. So for the same use your Gas bill would DOUBLE.
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Ultrasonic said:bagand96 said:
Focus on your annual use and the kWh rates, some quick maths will give you the annual costs. That gas 8.338p/kWh is DOUBLE what you're currently paying Bulb which is at the Ofgem cap. So for the same use your Gas bill would DOUBLE.1 -
Ultrasonic said:bagand96 said:
Focus on your annual use and the kWh rates, some quick maths will give you the annual costs. That gas 8.338p/kWh is DOUBLE what you're currently paying Bulb which is at the Ofgem cap. So for the same use your Gas bill would DOUBLE.1 -
adamcarvell said:no im on the variable from today that fix is what boo are offering is it any good ?Remember the saying: if it looks too good to be true it almost certainly is.1
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meinnit said:Standing charge quoted here is similar to other suppliers SVT rate so I fully expect the bills to double in this scenario
The higher someone's consumption the less significant the standing charge component becomes though.0 -
Ultrasonic said:meinnit said:Standing charge quoted here is similar to other suppliers SVT rate so I fully expect the bills to double in this scenario
The higher someone's consumption the less significant the standing charge component becomes though.0 -
mapleridge said:Thanks for all the comments - still not sure what to do but have to make a decision soon I guess!
Sit back. Chill. You don't have to make a decision for at least a couple of months. Maybe think again at the end of Winter.
If it sticks, force it.
If it breaks, well it wasn't working right anyway.0 -
I would wait for the markets to crash then lock in0
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