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Is this a good deal

Im a bit confused with all the energy rises etc , I currently pay £100 a month just for electric with British Gas , I’ve been offered a fixed price tariff of £2129.07 a year ( about 177 a month)  is this a good deal with current rises going on ? Not sure whether to accept ,this is just for electric havnt been offered anything for gas yet,  it says if prices go lower I can change to another available tarrif

Comments

  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Just amounts is completely meaningless.

    Comparing your current cost is meaningless, you need to compare the fixed tariff with your cost from October.

    What are the unit rates offered and what is you usage for the last 1 2months.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    1,000 Posts Third Anniversary Name Dropper
    edited 29 August 2022 at 9:53AM
    Please remember that fixed price doesn't mean fixed total cost - it isn't all-you-can-eat.
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