What is the difference between Price Capped and Fixed Price?

dollydiva

Sorry for being so thick!

If the price is fixed on my gas/electric, does that not mean the same as capped?

At present I've seen my gas/elec shoot up in price since I came off my Price capped price with eon. They have put me on a 'Price Protection Plan' but my monthly payment has now increased from £50 per month to £75 and that will just about cover my consumption!

Bizarre to think that last October they owed ME money - but my price capped price ended Jan 2008.

I use a lot more electricity than gas. I do wonder if I'd be better off having 2 providers instead of Dual Fuel!

Thanks for any help!
DD

Woby_Tide

a fixed price is a fixed price, it doesn't change

a capped price is a capped price, it changes but never exceeds a maximum cap

Premier_2

dollydiva wrote: »

... I do wonder if I'd be better off having 2 providers instead of Dual Fuel!

Thanks for any help!
DD

This can certainly be the case on occassions.

Check out the options using the price comparison sites listed in the gas & electricity resource bar above.
I particularly like energyhelpline in this respect as it's a simple matter of clicking on the 3 different tabs (i.e. both, gas only, electricity only)