Fix or not if low user

Currently with Eon on their next flex I am a low user would it be worth fixing or just sticking I know with the pledge it says £50 lower than the cap but if I'm not an average user how do I workout if that benefits me or not? 
Current Electric unit 26.76 S/C 50.31  Gas unit 29.11 S/C 6.76
Pledge Electric unit 27.09 S/C50.69 Gas unit 7.07 S/C 29.60

I know that nobody know the real answer and but i find it really hard to work out when it all "average  use"  

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Comments

  • MultiFuelBurner
    MultiFuelBurner Posts: 2,745
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    edited 13 December 2023 at 10:58AM
    I would still say (even with the new formula)

    If you have a smart meter move to Octopus and the tracker tariff with a referral code £50 for you and £50 for them (check with friends and family if they can provide one) and save 4% on your standing charge and approx 15-20% on your total energy bill.
    "I can lead you to the money saving well but cannot make you drink from it"

    As mum always said "don't respond to imbeciles just ignore them" wise words mum 
  • I would still say (even with the new formula)

    If you have a smart meter move to Octopus and the tracker tariff with a referral code £50 for you and £50 for them (check with friends and family if they can provide one) and save 4% on your standing charge and approx 15-20% on your total energy bill.
    Thanks Octopus only offering me flexible Octopus so thats not an option :(
  • MultiFuelBurner
    MultiFuelBurner Posts: 2,745
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    edited 13 December 2023 at 11:15AM
    shazk85 said:
    I would still say (even with the new formula)

    If you have a smart meter move to Octopus and the tracker tariff with a referral code £50 for you and £50 for them (check with friends and family if they can provide one) and save 4% on your standing charge and approx 15-20% on your total energy bill.
    Thanks Octopus only offering me flexible Octopus so thats not an option :(
    You have to specifically ask for tracker once transferred over on flexible. All you need is working smart meters.
    "I can lead you to the money saving well but cannot make you drink from it"

    As mum always said "don't respond to imbeciles just ignore them" wise words mum 
  • shazk85 said:
    I would still say (even with the new formula)

    If you have a smart meter move to Octopus and the tracker tariff with a referral code £50 for you and £50 for them (check with friends and family if they can provide one) and save 4% on your standing charge and approx 15-20% on your total energy bill.
    Thanks Octopus only offering me flexible Octopus so thats not an option :(
    You have to specifically ask for tracker once transferred over on flexible. All you need is working smart meters.
    Ok thanks I'm not sure about swapping supplier at moment as in new build and getting connected was tough enough so will try and stick to Eon just search around for if to stick with flax or fix
  • MultiFuelBurner
    MultiFuelBurner Posts: 2,745
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    edited 13 December 2023 at 11:51AM
    shazk85 said:
    shazk85 said:
    I would still say (even with the new formula)

    If you have a smart meter move to Octopus and the tracker tariff with a referral code £50 for you and £50 for them (check with friends and family if they can provide one) and save 4% on your standing charge and approx 15-20% on your total energy bill.
    Thanks Octopus only offering me flexible Octopus so thats not an option :(
    You have to specifically ask for tracker once transferred over on flexible. All you need is working smart meters.
    Ok thanks I'm not sure about swapping supplier at moment as in new build and getting connected was tough enough so will try and stick to Eon just search around for if to stick with flax or fix
    No worries. Then yes a lot of people have taken the £50 discount off the standard variable rate option with Eon but hopefully some Eon customers can step in now if they have done different and why.
    "I can lead you to the money saving well but cannot make you drink from it"

    As mum always said "don't respond to imbeciles just ignore them" wise words mum 
  • Wholesale prices have fallen quite sharply and if this is maintained (it might not be) then entering into a fix now might prove more expensive than waiting until the spring and seeing what's on offer then. It's all guesswork though. 
  • I am just going to change, looked at predictions for the next 12 months they look to drop after this initial rise in Jan. not sure I am willing to risk being locked in for 12 months when prices could decrease. Think I am going to go with pledge 3% off . Just guessing who knows what the future holds
  • Catpuss66 said:
    I am just going to change, looked at predictions for the next 12 months they look to drop after this initial rise in Jan. not sure I am willing to risk being locked in for 12 months when prices could decrease. Think I am going to go with pledge 3% off . Just guessing who knows what the future holds
    This is my debate to, think it the fact they say that will lower than variable so I'm thinking no matter if rises or falls will still be lower (Im hoping that have got that right..? )
  • dealyboy
    dealyboy Posts: 1,674
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    Hi Shaz ...

    I am a low user and I have just started the switch to E.ON Next for their Next Fixed 12M v6 tariff, to start from January 1st.

    As an economy 7 user their offering of the cheapest mainstream night rate in my region is the determining factor. I use the most energy during the winter months, about 75% night rate, and then from April to October it will switch around to be 75% peak rate but at a lower level.

    I can see that in Q2 and Q3 tariffs will likely come down but my low relative usage will make it insignificant. In November I may well start making significant use of off-peak electricity but half way through the month I will be able to switch away without the £75 penalty, and I can switch at any time to another E.ON Next fix without penalty.
  • Hi,
    if you're happy with offer now then just fix, instead of pondering, then you know where you are, as a low user difference will only be about £5/10 a month.
    What is your annual usage in units, not in ££s
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