• Just moved. Need an electricity supplier (district heating, no gas). My previous supplier (EDF, who I was on after my previous previous supplier went bust) want to sign me up for a fixed tariff until 2024 with £150 early termination fee. Or I can do their variable tariff (for £12 cheaper a month) and no leaving fee. My very quick google seems to say people think electricity prices will remain at their current (high) levels until 23.

    The price comparison pages are borked because no one wants to sign up new customers.

    Anyone with a bit more knowledge on this know whether I should I sign up for the variable rate? That's my instinct. Not sure if this variable rate is any better than the variable rates you'd get if your contract ended? Or are they all the same?

  • All the wisdom I’ve heard from people like Martin Lewis is to take a variable tariff, even if your tariff ends it’s the cheapest option.

  • All the wisdom I’ve heard from people like Martin Lewis is to take a variable tariff, even if your tariff ends it’s the cheapest option.

    This. Take a Variable/Capped option until it calms down next Spring.

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