Went for 2 yr Fix

otb666

Well bitten the bullet and Gone for Scottish Power 2 year fix Gas now 6.779 and Elect 28.179 from Gas 2.65 Elect 14.359  standing Charge 20.87 to gas 27.7 elect 25.4 DD 120-185 (Credit on account as 120 too high)  I have no exit fees But went for security for next 2 years and happy with that I could have gone on SVT prices in April currently elect 20.316 gas 3.987 standing charge elect 23.76 gas 26.11 But dont want to worry for next 2 years about prices and newly retired

otb666

the cap hasnt been announced yet 100% for gas and 50% for elect or visa versa being suggested on this forum// Its unlikely SP will go under But not known But as one of the big 6 unlikely// Sure i may pay extra in short term but wont come into effect til 28/2 and rekon its a good bet as 6p for gas and 28p for electric looks good at the moment and if things change no exit fees

QrizB

wittynamegoeshere said:

If your supplier goes bust you will not get any of this extra payment back, and will end up on the same capped rate as everyone else.

Scottish Power are Big 6. If they go bust we're all in trouble

otb666

We got a new boiler and I am gonna dust behind radiators using wire coat hanger also no longer WFH, MIGHT make small difference.  Respect to QrizB who i often see  on here If you know what I mean

Verdigris

otb666 said:

We got a new boiler and I am gonna dust behind radiators using wire coat hanger also no longer WFH, MIGHT make small difference.  Respect to QrizB who i often see  on here If you know what I mean

When you've got rid of the cobwebs, some reflective foil behind the rads will help your gas go further (opinions differ but I reckon it works).

otb666

tbh we have a new house so gas aint so bad Its the electric thats alot as 3 adults and hubby is a gamer and we all cook separately and WFH until this month Kettle alays on the go Might invest in some flasks

otb666

I have agreed to 8p over current SVT on electric and 1.7p for gas( gas 3.987/6.779 electric 20.316/28.179)  The way i see it gas could go up from 1/4/22 to 8p and electric 40p at least I have a 2 year buffer from this

Xbigman

As we run down the weeks until the new cap is set it should be just a matter of a bit of math. The big unknown is what government intervention will look like. 

Darren 

booshya

otb666 said:

Well bitten the bullet and Gone for Scottish Power 2 year fix Gas now 6.779 and Elect 28.179 from Gas 2.65 Elect 14.359  standing Charge 20.87 to gas 27.7 elect 25.4 DD 120-185 (Credit on account as 120 too high)  I have no exit fees But went for security for next 2 years and happy with that I could have gone on SVT prices in April currently elect 20.316 gas 3.987 standing charge elect 23.76 gas 26.11 But dont want to worry for next 2 years about prices and newly retired

Hello, thank you for posting.

Can I enquire where you obtained that tariff from please?

The best 2 yr fixed tariff I seem to be able to find currently from SP based on the East Midlands supply region is:

Fixed Price January 2024 YM1 Online

Electricity:

Standing charge: 23.76p
Primary unit rate: 28.73p
Exit fee: £30.00

Gas:

Standing charge: 26.11p
Primary unit rate: 8.27p
Exit fee: £30.00

frederick1950

The February 2024 CM1 2 year fix is only offered to existing SP customers .

mysteryUser

booshya said:

otb666 said:

Well bitten the bullet and Gone for Scottish Power 2 year fix Gas now 6.779 and Elect 28.179 from Gas 2.65 Elect 14.359  standing Charge 20.87 to gas 27.7 elect 25.4 DD 120-185 (Credit on account as 120 too high)  I have no exit fees But went for security for next 2 years and happy with that I could have gone on SVT prices in April currently elect 20.316 gas 3.987 standing charge elect 23.76 gas 26.11 But dont want to worry for next 2 years about prices and newly retired

Hello, thank you for posting.

Can I enquire where you obtained that tariff from please?

The best 2 yr fixed tariff I seem to be able to find currently from SP based on the East Midlands supply region is:

Fixed Price January 2024 YM1 Online

Electricity:

Standing charge: 23.76p
Primary unit rate: 28.73p
Exit fee: £30.00

Gas:

Standing charge: 26.11p
Primary unit rate: 8.27p
Exit fee: £30.00

In the north east, I managed to secure the below, two weeks ago:

Green Fixed February 2024 EM2

Standing Charge 22.34p per day

Unit rate 28.070p per kWh

Tariff ends on 29/02/2024

No Exit Fee

Standing Charge 21.99p per day

Unit rate 6.746p per kWh

Tariff ends on 29/02/2024

No Exit Fee