Approaching end of fix Tariff

OrbitHeadache

I have posted before but now have been given my comparison with current deal Vs new variable deal 

Electricity

Fix Again 1 Year v8

Fixed term ends 29/05/2022

18.55 p/kWh 10.50 p/day

(All rates inc. VAT)

Electricity

Next Flex

Starting on 29/05/2022

27.63 p/kWh 44.75 p/day

(All rates inc. VAT)

Gas

Fix Again 1 Year v8

Fixed term ends 29/05/2022

3.69 p/kWh 10.50 p/day

(All rates inc. VAT)

Gas

Next Flex

Starting on 29/05/2022

7.28 p/kWh 27.22 p/day

(All rates inc. VAT)

Does the advice still stand that new variable deal is best for me?

Are there any fixed deals available anywhere that are cheaper than variable deal?

Mstty

No there aren't any fixed deals lower than variable at the moment.

OrbitHeadache

Mstty said:

No there aren't any fixed deals lower than variable at the moment.

Many thanks.

Hopefully new cheaper fixed deals will appear soon.

jobdone1

OrbitHeadache said:

Mstty said:

No there aren't any fixed deals lower than variable at the moment.

Many thanks.

Hopefully new cheaper fixed deals will appear soon.

That's not going to happy for a long time yet

jbuchanangb

Basically do nothing and you will roll on to Next Flex. I recommend that you pre-empt E.ON's suggestion for new monthly DD by calculating it yourself. Last 12 months energy usage at Next Flex rates. Add/subtract any debit/credit balance after most recent bill deducted from account, divide by 12 and update your DD. It will be a big increase but you stay in control.