Which Energy Supplier should i use?

Newbie_John

https://forums.moneysavingexpert.com/discussion/comment/82090406#Comment_82090406

Cap this year: 27p → 24p → 26p - so not true they're going up, it's cheaper now then it was in January before the war.

Sure the next predictions are 5% up and then again 5% up, then down 2%, then down 8%.. but it's very unpredictable.

As you say if the war escalates it will go up more, if deescalates it will go down quicker - nobody knows what will happen.

And regarding fixes - they take all of this into consoderation - if the outlook on war inproves in 2-3 months time the fixes will be cheaper too.

I think what @tlcgrantham showed may be a good idea, combines protection from any price increase as well as helps you learn Agile like shifting so you can understand how it all works.

jrc123

Hi All so what is the best tariffs go to go now still currently on the Octopus tracker tariff…..

QrizB

https://forums.moneysavingexpert.com/discussion/comment/82123084#Comment_82123084

Have you tried a comparison site? What recommendations did you get?

jrc123

A lot has chnaged now with the octopus tracker im still on it .

What is recommend? i will be higher gas user this winter

should i keep the electricity tracker and switch to another gas tariif?

any recommendations?

QrizB

Repeating myself here:

Have you tried a comparison site? What recommendations did you get?

jrc123

i did but its mainly for variables which will change shortly and 24 months fixes

jrc123

are people fixing at the moment or rolling on a price cap variable?

QrizB

https://forums.moneysavingexpert.com/discussion/comment/82140524#Comment_82140524

Those fixes are your alternatives to a capped variable tariff.

are people fixing at the moment or rolling on a price cap variable?

The cap is expected to rise substantially in January, when most people have greatest need for heating:

https://www.moneysavingexpert.com/utilities/energy-price-cap-prediction

And so we're generally fixing, to avoid any more price shocks.

i will be higher gas user this winter

You've missed the relatively cheap gas fixes that were available in July (when you started this thread). Pick the best one you can find from what's on offer now.

An 18-month fix will see you through two winters, and of prices plummet in 2027 you can pay the early exit fee to switch away.

jrc123

thanks i shall take a look!

TractorFactor

https://forums.moneysavingexpert.com/discussion/comment/82083358#Comment_82083358

But…

Octopus is currently 25.10p (for me) on tracker.

EDF quotes:

Green - 21.75p

Amber - 26.62p

Red - 43.71p

Not a huge amount different (cost wise) in the green and amber times to make potential red usage worth it?

Do EDF publish their previous saving sessions? Those might be the tipping point (although I have solar so not really that useful).