Topic starter
Just coming to the end of a fixed, and looks like prices have gone silly.
I am currently on c£750 a year, and looking at another fixed being c£1100. I could move on to a variable which would be still be more than i am paying now, just not as much.
The question is where are fuel costs going in the short to medium term. I note petrol is up about 30% in a year and still rising.
Is a variable actually going to cost me more in the near future, and getting the fixed is actually more sensible?
Posted : 06/08/2021 9:03 am
Seen the news today ?
Posted : 06/08/2021 10:31 am
Topic starter
You mean cap lifting and highest energy bills in a decade? That bit?
Posted : 06/08/2021 10:40 am
That's the one.
If you think that means they are going to come down then you might want to rethink.
We are a net importer for electricity and electricity derivitived at peak times and of gas generally.
We are not in a great position.
But it's ok. The government's got our back.....
Posted : 06/08/2021 10:45 am
Topic starter
I don't see them coming down, just whether they're going up a lot more?
Posted : 06/08/2021 11:02 am
They have been sat at or around the ofcom.cap till now.
Ofcom lifted their cap.
It won't belong before energy is costing the new cap
Or at least that's how it's been in the past.
Posted : 06/08/2021 12:12 pm
