Is my fix offer savings meaningful?

Steveotwo

TheElectricCow said:

Steveotwo said:

Steveotwo said:

Newbie_John said:

What's the name of the tariff?

But just by looking at numbers, day rate as well as night rate are marginally cheaper and there are no exit fees - and as it's fixed you'll protect yourself from any price rises and if prices drop you can leave anytime, so yeah you'd save like 1-2% 😅

Octopus 15month fixed

Could I move back to Octopus flexible though or would I have to leave Octopus all together? 

Yes you could exit the fix and switch back to Flexible Octopus (or any other tariff on offer) without completely leaving Octopus first - although it’s worth bearing in mind the prices on Flexible Octopus will change every 3 months as opposed to the fixed tariff where you’ll have certainty of the pricing until the end date.

Thank you, so really its a no brainer to make a small saving currently by fixing and monitoring the flexible landscape?

Gerry1

Steveotwo said:

TheElectricCow said:

Steveotwo said:

Steveotwo said:

Newbie_John said:

What's the name of the tariff?

But just by looking at numbers, day rate as well as night rate are marginally cheaper and there are no exit fees - and as it's fixed you'll protect yourself from any price rises and if prices drop you can leave anytime, so yeah you'd save like 1-2% 😅

Octopus 15month fixed

Could I move back to Octopus flexible though or would I have to leave Octopus all together? 

Yes you could exit the fix and switch back to Flexible Octopus (or any other tariff on offer) without completely leaving Octopus first - although it’s worth bearing in mind the prices on Flexible Octopus will change every 3 months as opposed to the fixed tariff where you’ll have certainty of the pricing until the end date.

Thank you, so really its a no brainer to make a small saving currently by fixing and monitoring the flexible landscape?

Absolutely, IMHO.  There are so many things that could cause prices to rocket.

Many were once so unlikely that no-one worried, but now the unthinkable is not so remote.  Trump 2.0, China invades Taiwan, Putin goes ballistic, cyber attacks, mpox pandemic, solar flare knocks out power grids, comms networks and e-payments...

Right now, TfL has been trying to  fighting off a cyber attack for week.

Unless something really catastrophic happens you won't have to worry for 15 months, secure in the knowledge that you won't have to pay over the odds if there's a price crash.

Steveotwo

Gerry1 said:

Steveotwo said:

TheElectricCow said:

Steveotwo said:

Steveotwo said:

Newbie_John said:

What's the name of the tariff?

But just by looking at numbers, day rate as well as night rate are marginally cheaper and there are no exit fees - and as it's fixed you'll protect yourself from any price rises and if prices drop you can leave anytime, so yeah you'd save like 1-2% 😅

Octopus 15month fixed

Could I move back to Octopus flexible though or would I have to leave Octopus all together? 

Yes you could exit the fix and switch back to Flexible Octopus (or any other tariff on offer) without completely leaving Octopus first - although it’s worth bearing in mind the prices on Flexible Octopus will change every 3 months as opposed to the fixed tariff where you’ll have certainty of the pricing until the end date.

Thank you, so really its a no brainer to make a small saving currently by fixing and monitoring the flexible landscape?

Absolutely, IMHO.  There are so many things that could cause prices to rocket.

Many were once so unlikely that no-one worried, but now the unthinkable is not so remote.  Trump 2.0, China invades Taiwan, Putin goes ballistic, cyber attacks, mpox pandemic, solar flare knocks out power grids, comms networks and e-payments...

Right now, TfL has been trying to  fighting off a cyber attack for week.

Unless something really catastrophic happens you won't have to worry for 15 months, secure in the knowledge that you won't have to pay over the odds if there's a price crash.

Great way to put it, thank you