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Fix Ending Late Oct... When Will Current Fixes End?

DancingCapybara
DancingCapybara Posts: 4
Name Dropper Photogenic First Post
Newbie
in Energy

I have a 12 month fix ending 30th Oct. I've used the comparison tool and its suggested a couple of fixes from my current supplier. Looks like my prices will be going up slightly in any case.

Currently Paying:

Electricity:- Day 24.70p , Night 10.35p , SC 46.38p

Gas:- 5.40p , SC 29.59p

I will obviously save on future price increase by taking a new fix before the new price cap on 1st Oct.

Any one have a guess at when suppliers will update their fixed deals?

Comments

  • debitcardmayhem
    debitcardmayhem Posts: 14,239
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite

    More or less daily at the moment

    4.8kWp 12x400W Longhi 9.6 kWh battery Giv-hy 5.0 Inverter, WSW facing Essex . Aint no sunshine ☀️ Octopus gas fixed 5.07 + Octopus Intelligent Flux leccy

    CEC Email energyclub@moneysavingexpert.com
  • DancingCapybara
    DancingCapybara Posts: 4
    Name Dropper Photogenic First Post
    Newbie
    edited 27 July at 2:56PM

    Probably best to check fixed offers on 31 Sep then?

    Miss out on one month of my current fix but save on the Oct increase in the long run?

  • DancingCapybara
    DancingCapybara Posts: 4
    Name Dropper Photogenic First Post
    Newbie
    edited 15 September at 10:30AM
    https://forums.moneysavingexpert.com/discussion/comment/82082690#Comment_82082690

    Understood. I am assuming, perhaps incorrectly, that fixed deals will increase by a similar amount to the cap increase, and therefore, I should lock in a price before Oct 1st.

    Current supplier is Outfox Energy and I do have early exit fees but could switch without fees from Sep 11th

  • QrizB
    QrizB Posts: 25,020
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    Forumite

    I am assuming, perhaps incorrectly, that fixed deals will increase by a similar amount to the cap increase

    That's probably a false assumption. Some of the changes in wholesale pricing that will cause the cap to rise in October have already happened, and are already priced in to current fixed deals.

    N. Hampshire, he/him. Octopus Intelligent Go elec / Fuse gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 37 MWh generated, long-term average 2.6 Os.
    Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Ecoflow Stream, Best kettle :-)
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