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

DancingCapybara

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?

debitcardmayhem

More or less daily at the moment

DancingCapybara

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

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

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.