British gas

Derickcarter

Just received an email from British Gas offering to either to go onto a fixed plan at £2656 until oct 23
at the moment I am on a variable standard.
can anyone recommend which one is best 
thanks

MovingForwards

Derickcarter said:

Just received an email from British Gas offering to either to go onto a fixed plan at £2656 until oct 23
at the moment I am on a variable standard.
can anyone recommend which one is best 
thanks

Have a read through the energy board
https://forums.moneysavingexpert.com/categories/energy

pochase

Welcome to the forum.

Without you giving us some details nobody will be able to give you advice.

What are the unit rates for the fixed tariff offered? What is you usage in KWh over a 12 month period? 

The current forecast for the increase in October is about 70%, but the percentages are different for electricity and gas, so a lot depends on the split between the two.

pickledonionspaceraider

None of us are experts, and the best thing you can do is read up yourself really.

Id struggle to give anyone advice on this, as I recently read a post where someone was berating Martin Lewis's advice, and he is a lot smarter about this than I

[Deleted User]

pickledonionspaceraider said:

None of us are experts, and the best thing you can do is read up yourself really.

Id struggle to give anyone advice on this, as I recently read a post where someone was berating Martin Lewis's advice, and he is a lot smarter about this than I

I agree. These are worrying times and the last thing that I am going to do is offer advice on the detail of this question. All I will say is that a fixed tariff offers price certainty at a price for a given period.

The Ofgem Cap may offer a lower cost at first; however, with current World political events as they are who is going to brave enough to guess/estimate price increases in January and April next year? 

In sum, it really comes drown to the OP’s attitude to risk and their own view on long-term prices.

Danny16

You need to provide details of your tariff and you typical usage annually. People on here can give you some figures but ultimately it'll be based on your attitude to risk and your view on the long-term