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, Feb 3, 16:18:44
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