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    • JustAnotherSaver
    • By JustAnotherSaver 13th May 18, 8:09 PM
    • 2,959Posts
    • 491Thanks
    JustAnotherSaver
    Go from Fixed to variable? Bulb feedback?
    • #1
    • 13th May 18, 8:09 PM
    Go from Fixed to variable? Bulb feedback? 13th May 18 at 8:09 PM
    Currently with First Utility on a fixed deal that ends at the end of this month. No complaints about them but money is money so it's time to move.

    Having a look at the comparisons i see some company i've never heard of before (Bulb) offering to save me a wedge but it's on a variable deal.

    I know there's no exit fees but as i've only been in my house a couple years or so i'm just wondering if those who've been doing this for plenty of years - would you say it's better to go fixed or variable?

    If the prices don't increase then great but IF is a funny thing.

    And anyone reading this been with Bulb and can say whether they were any good or not?

Page 1
    • Hengus
    • By Hengus 13th May 18, 8:27 PM
    • 5,748 Posts
    • 3,527 Thanks
    Hengus
    • #2
    • 13th May 18, 8:27 PM
    • #2
    • 13th May 18, 8:27 PM
    Currently with First Utility on a fixed deal that ends at the end of this month. No complaints about them but money is money so it's time to move.

    Having a look at the comparisons i see some company i've never heard of before (Bulb) offering to save me a wedge but it's on a variable deal.

    I know there's no exit fees but as i've only been in my house a couple years or so i'm just wondering if those who've been doing this for plenty of years - would you say it's better to go fixed or variable?

    If the prices don't increase then great but IF is a funny thing.

    And anyone reading this been with Bulb and can say whether they were any good or not?
    Originally posted by JustAnotherSaver
    Bulb is a first class energy supplier. They last increased prices about a month ago; however, I understand that they have advised customers that, in light of increasing wholesale prices, they will be reviewing prices again in 3 months time. I switched to Octopus from Bulb in February. I wouldn’t choose a variable tariff at this time. The wholesale price of gas has risen by c.15% in 12 months. As the wholesale price only accounts for about 40p in the £ that we pay, this Increase equates to about a 6% increase in prices. Note: NPower has just increased its prices by 5.3%.
    • JustAnotherSaver
    • By JustAnotherSaver 13th May 18, 9:09 PM
    • 2,959 Posts
    • 491 Thanks
    JustAnotherSaver
    • #3
    • 13th May 18, 9:09 PM
    • #3
    • 13th May 18, 9:09 PM
    My way of thinking is that these energy firms seem to be increasing prices every 5 minutes so surely being on a fixed tariff is better.

    But for the sake of coming here and asking people with more experience, i thought i'd at the very least just ask about the possibility of going variable so that i didn't just dismiss it.

    Looks like i'll probably be going fixed then

    • Hengus
    • By Hengus 14th May 18, 8:32 AM
    • 5,748 Posts
    • 3,527 Thanks
    Hengus
    • #4
    • 14th May 18, 8:32 AM
    • #4
    • 14th May 18, 8:32 AM
    My way of thinking is that these energy firms seem to be increasing prices every 5 minutes so surely being on a fixed tariff is better.

    But for the sake of coming here and asking people with more experience, i thought i'd at the very least just ask about the possibility of going variable so that i didn't just dismiss it.

    Looks like i'll probably be going fixed then
    Originally posted by JustAnotherSaver
    Don't rule out variable tariffs as they are often very competitive - but not, in my opinion, at the moment. I would chose a supplier like Octopus that offers a fixed tariff with no exit fees: you then have the best of both Worlds.
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