Energy Prices (Strictly NO referrals!)

If there was a price cap freeze again would that mean anyone that fixed at a higher price is stuffed? On svr myself but that would seem pretty damn unfair.
Lots of fixes had no fees if you left. I’m fixing at the end of this month as it makes more sense to fix than not. I’ve said before it’s bonkers that people haven’t fixed and the media haven’t spoken about it. They’ve made it sound like the January increases were an inevitability but there were fixes around a couple of weeks ago which were a good bit less than the predicted January rise.

If there is a revised cap, I’ll simply cancel my fix. Win win.
 
Lots of fixes had no fees if you left. I’m fixing at the end of this month as it makes more sense to fix than not. I’ve said before it’s bonkers that people haven’t fixed and the media haven’t spoken about it. They’ve made it sound like the January increases were an inevitability but there were fixes around a couple of weeks ago which were a good bit less than the predicted January rise.

If there is a revised cap, I’ll simply cancel my fix. Win win.

The problem with that is most energy firms now are refusing to offer fixed rate tariffs for ALL customers that aren't already on them.
 
out of the 2 no question for me either.... ultimately hopefully the poorest will get help regardless of which ones wins......... Surely no one wants to see anyone but esp children freezing and unable to eat?

Even if tories don't care about the poor they should care about their pensions.

If half countey send all their money to the energy producers the whole economic machine will grind to a halt.

On flip side there is one benefit of this. People are looking at where they can save and where they do waste money.

Cutting back on things that damage the planet is also good long term.
Solar panels, lower emission cars, insulating homes. Turning down (no off!) 5he thermostat.


We also need to encourage less energy use to mitigate potential rationing.
For example, if energy was back down to. 2021 levels I'm sure we'd have an energy shortage soon.
 
The 'your man' comment was more generally aimed at those believing that Starmer and the Labour party would be the better bet.

I'd say since they are an unknown quantity in power, whereas we've had this useless shower in power for 12 years, then by definition I'd say Labour are 'the better bet'

Especially in a time of crisis like this, where Labour are more ideologically disposed to helping people out, bigger Governmental interventions....the things that are required right now, but which are generally against core Conservative principles.
 
Lots of fixes had no fees if you left. I’m fixing at the end of this month as it makes more sense to fix than not. I’ve said before it’s bonkers that people haven’t fixed and the media haven’t spoken about it. They’ve made it sound like the January increases were an inevitability but there were fixes around a couple of weeks ago which were a good bit less than the predicted January rise.

If there is a revised cap, I’ll simply cancel my fix. Win win.

This is what I said in 2021. My fix had no exit fees. I was even paid for taking it out. Maximum loss was under 50 pounds
 
Lots of fixes had no fees if you left. I’m fixing at the end of this month as it makes more sense to fix than not. I’ve said before it’s bonkers that people haven’t fixed and the media haven’t spoken about it. They’ve made it sound like the January increases were an inevitability but there were fixes around a couple of weeks ago which were a good bit less than the predicted January rise.

If there is a revised cap, I’ll simply cancel my fix. Win win.

This. I'm fixed at slightly higher rates than the current cap at present (35p electric, 16p* gas), but if there is a state sponsored cap at current levels then I can just cancel that and drop back to the capped rates which will save me ~£85/month. As you say, win/win.

The problem with that is most energy firms now are refusing to offer fixed rate tariffs for ALL customers that aren't already on them.

Unsurprisingly, that's what happens when you leave things to the last minute. The upcoming rate hikes have been well known and publicised for months; while the exact figures have only just been announced, it's been pretty clear that there was going to be a significant increase for quite some time now.
 
At least
You forget this is the UK. Being responsible and taking sensible precautions for the future is simply not the done thing, and you quite rightly you should be punished for it. Instead of solving your own problems, you should stick your head in the sand and wait for government hand outs to save your **** (again)!
Yep I think the SNP are a load of **** too lol..
 
I'd say since they are an unknown quantity in power, whereas we've had this useless shower in power for 12 years, then by definition I'd say Labour are 'the better bet'

Especially in a time of crisis like this, where Labour are more ideologically disposed to helping people out, bigger Governmental interventions....the things that are required right now, but which are generally against core Conservative principles.
..you mean bigger interventions like the Tories did with covid that nobody wants to pay back…

..the last thing we need is some weak Labour coalition govt ******* money up the wall because theyve got no other ideas.
 
..you mean bigger interventions like the Tories did with covid that nobody wants to pay back…

That they had to be kicking and screaming to do yea, since as I said it's against core Conservative principles. It's funny how all you fiscal Conservatives go running to the Socialist teet every time your system breaks down.
..the last thing we need is some weak Labour coalition govt ******* money up the wall because theyve got no other ideas.

If it's being spent on the people, they aren't going to complain, compared to the weak Conservative govt ******* money up the wall giving it all to their mates and their fake PPE companies...
 
This is what I said in 2021. My fix had no exit fees. I was even paid for taking it out. Maximum loss was under 50 pounds

How come the headline advice from Martin Lewis etc over the past 6months was to not enter into a fixed contract but stay on variable at the price cap, if fixing was such a no brainer/no exit fees. Am I missing something?
 
How come the headline advice from Martin Lewis etc over the past 6months was to not enter into a fixed contract but stay on variable at the price cap, if fixing was such a no brainer/no exit fees. Am I missing something?
They were wrong.

But the writings been on the wall for a while. I doubt there are fixes now that are less than the January fix but they were around around a fortnight ago and IMO it was pretty foolish not to fix if there were no exit fees. I’m paying a tiny bit above the October cap in Oct-Dec but will be a good bit lower come January.
 
How come the headline advice from Martin Lewis etc over the past 6months was to not enter into a fixed contract but stay on variable at the price cap, if fixing was such a no brainer/no exit fees. Am I missing something?

Unfortunately for him (he probably feels guilty about it) it was the wrong advice in hindsight.

I fixed for same reason I fixed my mortgage. Felt things were getting worse, and fixing penalty free is a no brainer. I felt things could get a little better. But much much worse. To much anxiety for me.

Hence I fixed



Generally I think people like fixing. And usually the house wins. But there certainly is (for me) a much calmer life knowing what your paying for x years.
Martin Lewis was saying don't fix. People listened.

Here we are
 
What happens if if you're on a fixed energy deal and move house? Do they allow you to take it with you? What if your new place doesn't have a smart meter and your deal depends on it?

We're still on the variable rate (with Octopus) and I've held off due to all the uncertainty (government, prices, and a potential house move), but I'm now thinking we've made an error if there are zero exit fees on the fixed deals :(

We were with Avro went they went bust. It took so long to move us over, we missed the boat on all the good fixed deals.
 
What happens if if you're on a fixed energy deal and move house? Do they allow you to take it with you? What if your new place doesn't have a smart meter and your deal depends on it?

We're still on the variable rate (with Octopus) and I've held off due to all the uncertainty (government, prices, and a potential house move), but I'm now thinking we've made an error if there are zero exit fees on the fixed deals :(

We were with Avro went they went bust. It took so long to move us over, we missed the boat on all the good fixed deals.
Yes you can take your fixed deal to a new house.
They will book a SM appointment for you if available, you will have to agree to have one put in eventually as its part of your tariff.
 
They were wrong.

But the writings been on the wall for a while. I doubt there are fixes now that are less than the January fix but they were around around a fortnight ago and IMO it was pretty foolish not to fix if there were no exit fees. I’m paying a tiny bit above the October cap in Oct-Dec but will be a good bit lower come January.

Assuming the forecast for January holds or is even true. Plus it is a cap and people should be paying less with a bit of planning.
 
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