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Twist or Turn

Options
Hi
My fixed rate dual fuel (gas & electric) comes to an end on 1st Feb'22. I am being offered 3 options a fixed rate of over £300 monthly a loyal customer fixed rate of £226 monthly or a do nothing rate of £153 a month. With energy prices reportedly set to rise by over 50% in April I am leaning towards taking the "do nothing" option. Any advise or help greatly appreviated

Regards

Comments

  • Neil_Jones
    Neil_Jones Posts: 9,541 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Your direct debit is not your bill.
    Also chances are given the state of the energy market the "do nothing" option will be the best solution.
  • you need to be looking at the tariff rates and not the monthly DD amount.

    That being said - do nothing would probably be the best option at this moment in time.
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