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Is it worth capping for only 18 months?

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I'm in East Midlands and currently with EON on their dual fuel Energey online tariff. From the comparison sites doesn't look like I save much at all by switching so I've been looking at the capped rates, trouble is the best one available to me is E-On's and it only caps until Oct 09 - is this still worth it?
:j Go on, shake your money maker! :j

Comments

  • msmicawber
    msmicawber Posts: 1,962 Forumite
    Debt-free and Proud!
    Well, it's up to you, but with another price hike about to be announced and perhaps others afterwards, you may well be advised to get onto a capped tariff now. Not sure why you think 18 months is a short period of time for a utility price capping deal :confused:
    Debt at highest: £6,290.72 (14.2.1999)
    Debt free success date: 14.8.2006 :j
  • Helpful thanks. I didn't think 18months was short it's just that Martin's article refers to capping for 2-3 years so I was nervous about this one only being 18 months.

    Think I'll go for it though!
    :j Go on, shake your money maker! :j
  • george1939
    george1939 Posts: 135 Forumite
    Helpful thanks. I didn't think 18months was short it's just that Martin's article refers to capping for 2-3 years so I was nervous about this one only being 18 months.

    Think I'll go for it though!



    Good value N Power January 2011 Capped
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