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capped gas&electric charges

harryk_3
harryk_3 Posts: 28 Forumite
hi iam thinking of capping my fuel charges anybody think it is agood idea iget gas /electric from scottish power any thoughts would be appreciated
harryk

Comments

  • roger56
    roger56 Posts: 478 Forumite
    I capped with Scottish Power 2 years ago. I pay £1 a month for the priviledge and if I stay with them for the 3 year capped period I get £36 refund (strange but true!!).

    I recently checked my last years actual bills with the current prices and have saved just over £60. So my experience is that I saved significantly with capping. It is a bit of a gamble though, but does anyone think prices will go down in the future? Unlikely I think.
    My savings for this next year I expect to be higher due to the round of price increases.

    I would however suggest you compare the capped prices with offerings from other companies. Scottish Power online dual fuel was about the best option when I took it up but that was 3 years ago.
  • harryk_3
    harryk_3 Posts: 28 Forumite
    thanks roger56
    Ill look into that harryk
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