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Appreciate that @C4r1s 👍
Appreciate that @C4r1s 👍
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TheButchersDog
If you value certainty over price then fix. If you get offered a deal with your existing provider at +25% or so then that’s probably a good idea. If you’re cash strapped stay variable for as long as possible and hope something better comes out later.
Prices will go up, and at the current rate not come down overly quickly in part due to Russia and the fears of European embargoes. Cornwall Insights analysis reckons it’ll drop to about this level again by spring next year, having increased in both Oct and Jan price cap increases (as these are now quarterly)
The 25% increase isn’t by accident, its about the increase that we’ll see in the next cap, when annualised over the year (which is how energy trading works), so that’s likely where companies are pricing so they don’t lose too much vs the next cap