We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
EDF offering me 29.51p kWh on a 2yr fix...what say ye?
in_my_bumble_opinion
Posts: 1,387 Forumite
in Energy
yay or nay? 
SC is 49.65
£150 exit fee.
I have till the end of the month to decide. The standard tariff is 27.84p (same SC).
We are electric only.
SC is 49.65
£150 exit fee.
I have till the end of the month to decide. The standard tariff is 27.84p (same SC).
We are electric only.
''He who takes no offence at anyone either on account of their faults, or on account of his own suspicious thoughts, has knowledge of God and of things devine.''
0
Comments
-
Yes that is a punt I would take, it is still a gamble but the latest forecasts say a rise in Oct '22 then a fall in prices Apr '231
-
Just to check - are you not on an Economy 7 tariff?in_my_bumble_opinion said:We are electric only.0 -
No. We are coming to the end of our current fix (GoElectric single rate) and this is the offer to stay on it for another 2 years.Ultrasonic said:
Just to check - are you not on an Economy 7 tariff?in_my_bumble_opinion said:We are electric only.''He who takes no offence at anyone either on account of their faults, or on account of his own suspicious thoughts, has knowledge of God and of things devine.''0 -
And you don't have night storage heaters such that switching to an Economy 7 setup is an option? I'm asking as you have a VERY expensive heating solution if not and looking into options to improve this may well be wise.in_my_bumble_opinion said:
No. We are coming to the end of our current fix (GoElectric single rate) and this is the offer to stay on it for another 2 years.Ultrasonic said:
Just to check - are you not on an Economy 7 tariff?in_my_bumble_opinion said:We are electric only.
My gut reaction to the tariff you've been offered is that it's pretty good under the circumstances and I'd probably take it. Nobody can be certain what will happen to prices over the next two years though.0 -
I m still gobsmacked at paying as much as 27 p kwh .Personally I would nt accept that for as long as 2 years, 1 year yes but not 2 .0
-
Much better than the "exclusive" fix BG offered for leccy !!!0
-
O/P is on a tariff designed for those with electric vehicles and no smart meterbrewerdave said:Much better than the "exclusive" fix BG offered for leccy !!!1 -
The UK's energy price cap is expected to rise in October to around £2,800, Ofgem's chief executive says.
0 -
@bristolleedsfan just made me check - isn't that a dual-rate tariff, being cheaper at night?in_my_bumble_opinion said:No. We are coming to the end of our current fix (GoElectric single rate) and this is the offer to stay on it for another 2 years.0 -
Ultrasonic said:
@bristolleedsfan just made me check - isn't that a dual-rate tariff, being cheaper at night?in_my_bumble_opinion said:No. We are coming to the end of our current fix (GoElectric single rate) and this is the offer to stay on it for another 2 years.GoElectric
Our single-rate competitive EV tariff offers fixed cost electricity all day.
1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards