You are reading a single comment by @davidvdp_is_better and its replies.
Click here to read the full conversation.
-
Take this with a pinch of salt as I'm just a random energy market consultant on the internet, but our view for the last couple months has been and continues to be that wholesale prices will continue to generally trend downwards at least until March.
For context, wholesale power prices for the coming summer and winter are 30% lower than they were a month ago, and less than half what they were when the news was predicting the energy bill apocalypse ca. the start of September.
There are good reasons why this is the case, but it largely boils down to the fact that everyone (domestic/industry) is using less power/gas because - surprise - it's really expensive.
davidvdp_is_better
I am on EON and they are offering me fixed at VERY similar rates, ran it through Martin Lewis calculator here: https://www.moneysavingexpert.com/utilities/-are-there-any-cheap--fixed-energy-deals-currently-worth-it--/
And it says this; shall I fix or wait as the prices are falling according to new.