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Fixed Price Gas Tariffs?
We are on the EDF EV tariff and currently use 2/3 of our electricity at the cheapest rate. It's a great deal for us for cheap electricity. But the associated gas tariff for this electricity tariff is simply the standard variable gas tariff
I looked around a few months ago for a better tariff, and chose the Fuse Single Rate Tracker. We can use over 25MWh a year, so our gas spend is not insignificant. I'm looking around again to see if there are any better tariffs, especially looking to go fixed rate, but can't find anything.
Has anyone found any decent standalone fixed rate tariffs? Or even one that's cheaper than Fuse? The price comparison sites don't seem to show any…
"You may have speed, but I have momentum"
Comments
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I was looking at this today as my fixed with Octopus runs out at the end of the month. Fuse were more expensive and I could not find anything worth switching to.
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I use currently £5 gas and £15 electricity. Considering there is no VAT on electricity, gas seems a reasonable price all things considered. The government does not want us to use gas and therefore the are no incentives. Further the grid can store gas , so there is no waste to be able to sell off cheap. So it’s unlikely there will be deals as per electricity.
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Part of the problem is that standalone gas fixes are thin on the ground - most fixed deals are aimed at dual-fuel customers, so when you want to keep electricity on a separate EV tariff the choice shrinks a lot and what is left is often priced defensively.
At over 25,000 kWh a year it is worth doing the sums on total annual cost rather than the headline unit rate. A 1p/kWh difference is £250 a year at that usage, while the standing charge is a much smaller part of the bill than for a low user. Compare the tracker on the same basis, including any exit fee on the fix and how long the fix actually protects you for.
Also check the small print of the EV electricity side before moving gas away - some EV tariffs have conditions about what else you have with that supplier, smart metering or paying by direct debit, and you do not want a gas switch to undermine the cheap off-peak electricity that is working well. If there is no cheaper fix, the tracker versus standard variable choice is mainly about winter wholesale risk: a tracker can rise in colder months, a fix charges a premium for removing that risk.0 -
I looked around a few months ago for a better tariff, and chose the Fuse Single Rate Tracker. ... I'm looking around again to see if there are any better tariffs, especially looking to go fixed rate, but can't find anything.
Note that the Fuse Single Rate Tracker is not a fixed tariff, and is likely to rise significantly (20% or more) in January when you're just about to have the most heating-intensive quarter of the year.
I took an 18-month gas-only fix with Fuse back in August.
N. Hampshire, he/him. Octopus Intelligent Go elec / Fuse gas / Vodafone BB / iD mobile. Kirk Hill Co-op member.Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Ecoflow Stream, Best kettle :-)
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 37 MWh generated, long-term average 2.6 Os.1 -
I'd already switched to Fuse without issue - EDF weren't interested in the gas side which is why their tariff was the SVR. The only fixes I've found are slightly cheaper than January's predicted price, but more expensive than the rest of the year, so really don't make sense unless you're pessimistic
FWIW, the EV tariff saves us around £1200 on electricity compared to the SVR
Jumbo
"You may have speed, but I have momentum"0
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