Most recently he has said go with a fix if you can get it for 40% over your current fix
Fixed rates are based on what the suppliers believe they will have to pay for your energy over the life of the contract. If they are expecting continuing high prices or more rises, then the fix will be more expensive. It might be different if you paid up front for all your energy for the period, but they have to work out what they think it will cost over the life of the fix.
Posted By: watfordcanary on February 3rd 2022 at 16:18:44
Message Thread
- NBTTT: energy bills, a word of caution (General Chat) - Under soil heating, Feb 3, 16:01:45
- Yes from what I can gather Martin Lewis has been .. (General Chat) - loz, Feb 3, 16:04:14
- Most recently he has said go with a fix if you can get it for 40% over your current fix (General Chat) - watfordcanary, Feb 3, 16:18:44
- Mine finished Dec 31st (General Chat) - BungysPie, Feb 3, 16:46:31
- They will probably take a day or two to work out new tariffs (General Chat) - watfordcanary, Feb 3, 21:13:37
- My offer over 100% more (n/m) (General Chat) - SCC 28, Feb 3, 16:25:20
- Mine too (n/m) (General Chat) - helvegtheowl, Feb 3, 16:31:53
- Factoring in another rise in the Autumn (or possibly earlier if they switch to 3 month re (General Chat) - watfordcanary, Feb 3, 21:17:36
- Yeah the current fix being offered to me works out cheaper (General Chat) - SCC 28, Feb 3, 21:33:37
- Factoring in another rise in the Autumn (or possibly earlier if they switch to 3 month re (General Chat) - watfordcanary, Feb 3, 21:17:36
- Mine too (n/m) (General Chat) - helvegtheowl, Feb 3, 16:31:53
- Mine finished Dec 31st (General Chat) - BungysPie, Feb 3, 16:46:31
- What are the current default tariff unit prices? (General Chat) - SCC 28, Feb 3, 16:09:45
- I had to do a few calcs to work them out (General Chat) - Under soil heating, Feb 3, 16:48:38
- Is that before the rise in the price cap? (General Chat) - SCC 28, Feb 3, 16:53:19
- Must be before as this is what he said earlier (General Chat) - SCC 28, Feb 3, 16:56:31
- Yeah, these are the old rates. Will be gone from April. (General Chat) - Under soil heating, Feb 3, 16:59:03
- Looks like I should just go on the cap come May then (n/m) (General Chat) - SCC 28, Feb 3, 17:05:29
- Blimey he’s still waiting to hear (General Chat) - SCC 28, Feb 3, 17:13:29
- Although it has been suggested it’s 28p elec and 7p gas (General Chat) - SCC 28, Feb 3, 17:19:31
- I've worked them out, by copying my formulae into the new Ofgem book (General Chat) - Under soil heating, Feb 3, 17:25:21
- Well that’s more than my current fix offer then (General Chat) - SCC 28, Feb 3, 17:35:25
- I've worked them out, by copying my formulae into the new Ofgem book (General Chat) - Under soil heating, Feb 3, 17:25:21
- Although it has been suggested it’s 28p elec and 7p gas (General Chat) - SCC 28, Feb 3, 17:19:31
- Blimey he’s still waiting to hear (General Chat) - SCC 28, Feb 3, 17:13:29
- Looks like I should just go on the cap come May then (n/m) (General Chat) - SCC 28, Feb 3, 17:05:29
- Yeah, these are the old rates. Will be gone from April. (General Chat) - Under soil heating, Feb 3, 16:59:03
- Must be before as this is what he said earlier (General Chat) - SCC 28, Feb 3, 16:56:31
- Is that before the rise in the price cap? (General Chat) - SCC 28, Feb 3, 16:53:19
- Meant to be to USH (n/m) (General Chat) - SCC 28, Feb 3, 16:11:52
- I had to do a few calcs to work them out (General Chat) - Under soil heating, Feb 3, 16:48:38
- Most recently he has said go with a fix if you can get it for 40% over your current fix (General Chat) - watfordcanary, Feb 3, 16:18:44
- Yes from what I can gather Martin Lewis has been .. (General Chat) - loz, Feb 3, 16:04:14
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