• Are people switching to fixed rate deals atm? I'm with OVO on a variable with quite a low tarrif, the fixed rate is significantly higher monthly payment but it sounds like my variable rate is set to increase massively.

  • Stick for now if you’re on variable. Maximum price they can charge is the price cap (£1300 ish from oct) and then see where it goes. I can’t see political appetite from what has been said so far for allowing a price rise outside of the twice yearly cycle so it’ll go up a lot (probably) in April when the cap is raised based on previous 6 month prices. Can always change to a fixed rate if that changes, and with prices as volatile as they seem to be who knows where tariffs will be in 3 months time.

    With OVO having acquired SSE last year I’d be pretty sure they will still be around in a years time (I hope so!)

About

Avatar for jono84 @jono84 started