So Energy worth fixing or not?

Paulalfc

I am currently on So Energy’s so carrot essential v2 fixed tariff that ends at the end of March. I have been recommended a 2 year fixed tariff on the so guava 2 year fix. 

Would it be worth fixing on the new tariff or just wait and do nothing until we know the new prices?. Your thoughts please?. Thanks.

So Carrot Essential v2 

Unit rate - electricity	16.34p per kWh
Standing charge - electricity	22.05p per day
Unit rate - gas	2.86p per kWh
Standing charge - gas	22.05p per day
Start date	23 Mar 2021
End date	22 Mar 2022
Early exit fees  So Guava Two Year  Unit rate - electricity  33.43p per kWh Standing charge - electricity  23.76p per day Unit rate - gas  8.58p per kWh Standing charge - gas  26.11p per day Start date  23 Mar 2022 End date  22 Mar 2024 Early exit fees  £40 per fuel	l

QrizB

Personally, I'd wait a couple of weeks until we know the April cap.

Astria

I'd do nothing - whilst they may decide to do a 100% price increase which could come close to your 8.58p per kWh, they could also decide to "smooth out" the price increase over several years to help people budget.

feenics

It's the question that most of us are considering the answer to, I agree with the above, to me that new fix offer is high enough that I'd wait and see what happens.