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Capped Confusion

gibby
gibby Posts: 426 Forumite
Im looking for a capped deal but its going to be quite a hike

as an example - im paying 10.54 & 5.95 for electric but the nearest capped is
18.9 & 11.38 so its almost got to double to make me pay the same as the capped

gas is about the same.

My parents are in the same boat with another supplier & we have been looking to cap for over a month

crazy

G
never take advice from broke or unsuccessful people

Jim Rohn

Comments

  • teeni
    teeni Posts: 1,193 Forumite
    i am with npower duel fuel .they have capped prices without a rise in the rates until april 09 for existing customers. also offer capped until 2011 for 7% increase in rates but i didn't want to risk that one.
  • IvanOpinion
    IvanOpinion Posts: 22,136 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    When considering this also remember that a price rise is expected during the summer. Also remember that many of the fixed/capped rates do not have tiw in periods or penalty clauses so if prices come down you are still free to move.

    ALWAYS check/ask for penalty clauses

    Ivan
    I don't care about your first world problems; I have enough of my own!
  • MKwife
    MKwife Posts: 787 Forumite
    I looked at Npower 2011 but the price per kwh or whatever it is was roughly 9p where I am only paying 4p at the moment!! So my gas bills would be doubled!! I have jumped on the eon price promise as it will only cost me about £20 a year more thankfully.
    Our dream has come true... :D
  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    MKwife wrote: »
    I looked at Npower 2011 but the price per kwh or whatever it is was roughly 9p where I am only paying 4p at the moment!! So my gas bills would be doubled!! I have jumped on the eon price promise as it will only cost me about £20 a year more thankfully.

    That 9p & 4p is only for the first units you use each year(called tier 1 or primary units) the rest(tier 2 or secondary units) will be much cheaper; and for most people the price of the secondary units is the more important factor.

    OR

    You could go to Ebico and pay 2.86p(including VAT) for ALL units.
  • MKwife
    MKwife Posts: 787 Forumite
    For the first 1000 units or so it is a high rate then it goes down yes.

    I have worked it all out. Its too expensive in our area.
    Our dream has come true... :D
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