Stick with British Gas Fixed Rate or go with Variable?

Thorne1960

On MSE's advice we did the sums and in July '22 we got an annual fixed rate with British Gas our existing provider, which is costing us (currently) £157 pm dual fuel, £2 cheaper pm than the rate we had late March, before we defaulted to the standard price cap rate. British Gas has recently contacted us (10/22), suggesting that  even with the Govt's 6 month EPG discount applied, our fixed tariff is more than is Standard Variable tariff and we may want to switch. This strikes me as risky, as it is only going to save us a projected £45pa, and we've no guarantee what might happen after 04/23 in terms of Government support, nor the proposed new price cap in 0123. Has anyone had a similar experience or advice please. We like looking for cheap deals via MSE but not uncertainty, given everything I would rather just think about our usage and stick with our fixed plan until late July 2023.

maisie_cat

Our BG fix is costing slightly more than the EPG tariff but at the moment I'm not prepared to risk it.
My gut tells me that in April the Government help will revert to those on benefits only.