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Fix my rate Gas & Electric?

Should I be fixing my contract now for Gas & Electric if there are any deals? I’m with British Gas. 

Comments

  • Just realised there are no fixed deals!
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    It's always good to be ready with your figures though.

    Do you know your kWh usage each year as then you can work out what the savings may be when fixes do appear.
  • Yes I’ve got our bills to hand so I’ll keep a note of these figures. Thank you. 
  • spot1034
    spot1034 Posts: 906 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Two weeks tomorrow (May 26th) will see Ofgem's announcement of the price cap for the three months from July 1st. That will tell you what standard variable tariffs will drop to, and give you a benchmark for evaluating any fixes which might appear. 
  • debitcardmayhem
    debitcardmayhem Posts: 12,065 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes I’ve got our bills to hand so I’ll keep a note of these figures. Thank you. 
    Make sure that they aren’t based on estimates
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