Should I fix?

EAF1

Current contract, expiring 17/8

Electricity usage 2,312kWh

Electricity unit rate 18.90p per kWh

Electricity standing charge 21.67p per day

Gas usage 5,929kWh

Gas unit rate 3.46p per kWh

Gas standing charge 26.33p per day

Fixed offer EON Next Online v18

Electricity

Daily standing charge 32.14p

Unit rate 54.40p per kWh

Assumed annual usage 2,312kWh

Gas

Daily standing charge 27.22p

Unit rate 13.50p per kWh

Assumed annual usage 5,929kWh

Seems a lot? 

Floating offer is: 

EON Next Flex

Electricity

Daily standing charge 32.14p

Unit rate 29.63p per kWh

Assumed annual usage 2,312kWh

Estimated annual cost £802.47

Gas

Daily standing charge 27.22p

Unit rate 7.52p per kWh

Assumed annual usage 5,929kWh

Estimated annual cost £545.03

What are current forecasts for standing charges and usage rates over the winter? 

Thanks!! 

Lloysh30

Just checked my app from gas company. I'm getting a fixed price for gas and electric for £186 a month going up from £102 a month. The new tariff fixed me in at £2119 for the year until aug 2023.
They do however want to put up my dd to £119 now and I am sure it will need to go up again in Oct and Jan. So am I better off locking this one in now as by Jan I could be paying over £200 anyway.

liz503

liz503 said:        Coming out of 2yr fixed at the end of August. Should i go with Scottish power variable £180 a month before next increase or 1yr flexi price tariff at £330 monthly

                           
Hi my DD is in credit by £150 with 1 more payment of £110 before end of fix.

Thanks Liz.

kwh for 2021
gas 10224
elect 4078

Old Rate Gas                             New Rate Gas 
SC              20.550p                   SC             21.46
Unit Rate    3.354                       Unit Rate   17.09

Old Rate Elect                            New Rate Elect
SC              17.310                      SC            43.88                       
Unit Rate    16.755                     Unit Rate   51.91

tommse

My electricity is with octopus, go faster (until end Nov) gas with shell on the cap. As of last Thursday for gas I was offered loyal 12m and variable with octopus:

Loyal 12m Fixed-

Unit charge 17.18p/kWh

Standing charge 27.22p/day

Flexible Octopus-

Unit charge 7.34p/kWh

Standing charge 27.22p/day

Any advice on which is best please? Or whether to just stick? Thanks to you experts ☺️

Dixon110

Hi guys, I am hoping you can help me. I am an existing E-on next customer and am being offered a one year fix titled Next Online V18, I have seen this mentioned in the weekly email from you guys and quoted at much higher than I am being offered. The fix offer is an annual cost of £1,970 which is what I'm essentially paying now on a variable rate. I dont know if this is being offered widely as I have not seen on any forums about it but anyway I am considering going for this. I think they are going to offer me a smart metre as well and potentially this will be enforced, I just worry that A) i will still pay more than the quoted £1,970 and does a smart metre potentially mean I will pay more as well or does it not matter, as the unit prices are going to be fixed at 52p for electricity and 13p for gas?

Any advice welcome - I am dubious of the fixed offer as I seen the same one from Martin being quoted at around 2,600 - so if this seems a great deal to you guys I will take it!

Best wishes,
Aaron

ShellHeav

Hi, our energy tariff runs out next week with outfox the market. Currently play £180 a month for both ( currently have £200 in credit) , new tariff will be £480 a month! Do we sign up to this new tariff or just go on to the standard variable? if we do not go for this tariff can we join one later down the line? What is the best option? many thanks 

boudebza

I'm currently on Scottish Power capped economy 7 rate D 34.72p, N 15.82p and SC 43.5p. The 1 year fix til August 31 2023  is D 50.95 (+45%) N 32.05 (+100%) and SC 43.48. Aspects of this rate are variable.
' Our new Flexi tariffs consist of two parts. The first part is a fixed price, the majority of which is for the energy we supply you, so this protects you from rising wholesale energy costs. The second part is the variable costs, which are linked to external industry costs such as network, social and environmental obligation costs that may increase or decrease throughout the tariff term. If these variable costs change, the charges payable by you will be updated on a quarterly basis on 1st January, 1st April, 1st July and 1st October until the end of the tariff and these new charges will apply until the next quarterly update.'
I'm fortunate in that I can afford to take a risk. Should I fix do you think?

EAF1

Sorry, when I say seems a lot, I realise that prices are going up loads, but just even given that, the usage rates offered seem very high! 
Thanks again. 

Tracybj

Martin, are you still advising people to do nothing with their energy suppliers?

Should I do nothing and be placed on the 'Standard' tariff?

My joint Gas and Electricity fixed contract runs out at the end of this month.

Should I do nothing?

I'm with ScottishPower, and they are offering fixed 2yr deals but are triple to what I am paying at the moment.

Any advice, please?

Newjayb

I am about to move house so need to sign up with a new electricity provider.
The current owners are with Bulb.
Should sign up for a fixed deal now? I have seen some comments regarding Bulb so would this have to be a new provider?
I don't have a current provider as we have been living with family.
Thanks

Lulu62

I'm with Outfox the Market and my fixed tariff is just about to end. Should I switch to standard or get a fixed tariff? Standard projection quoted is 2331.00 for dual fuel and fixed quote is over 5000.00.