Fixing in or staying variable

RelievedSheff

The_Green_Hornet said:

RelievedSheff said:

The_Green_Hornet said:

RelievedSheff said:

The_Green_Hornet said:

RelievedSheff said:

We are sticking it out on the SVR for now and probably for this winter.

Our supplier, Outfox the Market, have given existing customers a 5% discount on unit prices over the price cap so we would struggle to find a better deal at the moment.

We will probably review the situation after next winter and see if any competitive fixed deals are on offer. 

https://www.ofgem.gov.uk/publications/outfox-market-pays-ps18-million-failing-report-its-financials

And???????

OFTM have a 1.8 million pound fine to pay and they will need to get that money from somewhere.

I'll leave you to join up the dots.

Did you read the whole article?

I shall assume you didn't make it to the end?

"This Provisional Order, which prevented the supplier from taking on new customers, has today been revoked as its financial position has improved significantly."

Yes, I read the whole article so you assume incorrectly. I have also read OFTM's financial account statements.

Good luck.

No luck involved.

What's the worst that will happen? We will be switched to a new supplier. Hardly the end of the world.

I doubt that will happen however.