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To fix or not

Me72
Me72 Posts: 12 Forumite
First Anniversary First Post
in Energy
My fix rate ends , first week August. Am I better waiting till July to shop around for replacement, if price cap is coming down 7% or are companies already offering new fixed rates, that include this reduction ? 

Comments

  • Netexporter
    Netexporter Posts: 2,438 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Any fix will take into account the price cap going up in October and January and falling again in March. 

    What is your motivation for fixing; knowing what you are going to pay, or saving money? If the latter than look at TOU tariffs (you'll need a working smart meter to benefit).
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