Anyone gone for a fixed energy cost supply contract? - Page 2

Feek · 29-08-2008, 15:45

Nutcase · 29-08-2008, 17:44

Quote:

21 Aug - Eon
Gas up 26%, electricity up 16%

Hmm, missed that rise. Gits!

Mark · 29-08-2008, 18:59

Yup, it sure was. I'll admit I was doubtful but they beat the 22%. In my case I use very little gas so would have been closer to 10%, but I fixed before all this lot kicked off anyway.

LeperousDust · 29-08-2008, 19:21

Quote:

Scottish Power said it would raise gas prices by an average of 34% and electricity prices by 9%, effective from Monday 1 September.

:| LOL craptastic, our apathy to bills is paying off royally as usual. I hate the fact i can't get anything done in this flat with regard to bills because the rest are uselss and don't care enough until its too late (about now

). Poop.

Feek · 10-08-2009, 18:32

Received today:

Quote:

Dear Feek

Taking care of your energy needs, just the way you like it

Your Fixed Price Energy Offer ends on 31st August 2009 and because you're an important customer to us, we want to let you know what happens next.

If you're happy to cap your prices for the next 12 months, you don't need to do a thing. On 1st September 2009, we'll automatically move you to a great new deal called Capped Price Energy September 2010.*

With this deal you'll have peace of mind knowing that over the next 12 months your prices could go down, but they definitely won’t go above the capped rates.

There may be a cancellation charge if you decide to end the new deal early.** But, if you stick with it, you’ll have the reassurance that your prices will not rise above the capped rates until after 31st August 2010 – whatever happens to the market.

Option to opt out

If you don't want to protect your prices and would prefer to move to our standard monthly Direct Debit prices please tell us before 30th September 2009.

Standard monthly Direct Debit prices are currently the same rates as Capped Price Energy September 2010 prices and could go up as well as down.

*ScottishPower's Capped Price Energy September 2010 guarantees that prices will not rise above the capped rates until after 31st August 2010. Capped prices correct as at 3rd August 2009.

**We may apply cancellation charges inclusive of VAT of £30 for electricity and £20 for Gas if you switch to Capped Price Energy September 2010 but then cancel your supply contract or switch to another tariff before 31st August 2010. These charges will not be applied if the supply contract is cancelled due to a home move.

Where's the smart money now? Any suggestions as to what to do for the next year?

Glaucus · 10-08-2009, 18:35

I'm just trying to decide who to switch to. I've got an excel spreadsheet o the ones I can find rates for as you said it's a mine field.
But haven't looked into fixed costs.

Knipples · 10-08-2009, 18:38

Does this help?

I love this man

http://www.moneysavingexpert.com/uti...compare-gas-an

Glaucus · 10-08-2009, 18:40

Ignore

Feek · 10-08-2009, 19:35

It is a minefield.

I've pulled up my last bill and going on that, I'd be paying roughly £20 more on my electricity and 20p less on my gas. Of course, this quarter is a quiet quarter for gas with the boiler only being used for hot water.

The quarter before that when the heating was on a lot, under their new capped tariff we'd be paying around £23 more on the electric and £33 more on gas.

That's if I read all this paperwork correctly! The new capped rate is the same as their current standard pay monthly tariff, so rather than sign up for a fixed rate as I'm on now, I'd be capping my rate so it won't go any higher than it currently is but if prices drop, then my rates will drop as well.

Jonny69 · 10-08-2009, 20:24

As in fixed amount per unit? If so yes, with Equipower.

Gas: 3.675p per kWh inc VAT

Electricity: 13.40p per KWh inc VAT (London area)

29-08-2008, 15:45	#11
Feek ex SAS Join Date: Jun 2006 Location: JO01ou Posts: 10,062	.... and it was a good call __________________

10-08-2009, 18:35	#16
Glaucus Absinthe Join Date: Jun 2008 Posts: 1,855	I'm just trying to decide who to switch to. I've got an excel spreadsheet o the ones I can find rates for as you said it's a mine field. But haven't looked into fixed costs. __________________ Last edited by Glaucus; 10-08-2009 at 18:38.

10-08-2009, 18:40	#18
Glaucus Absinthe Join Date: Jun 2008 Posts: 1,855	Ignore __________________

10-08-2009, 19:35	#19
Feek ex SAS Join Date: Jun 2006 Location: JO01ou Posts: 10,062	It is a minefield. I've pulled up my last bill and going on that, I'd be paying roughly £20 more on my electricity and 20p less on my gas. Of course, this quarter is a quiet quarter for gas with the boiler only being used for hot water. The quarter before that when the heating was on a lot, under their new capped tariff we'd be paying around £23 more on the electric and £33 more on gas. That's if I read all this paperwork correctly! The new capped rate is the same as their current standard pay monthly tariff, so rather than sign up for a fixed rate as I'm on now, I'd be capping my rate so it won't go any higher than it currently is but if prices drop, then my rates will drop as well. __________________

10-08-2009, 20:24	#20
Jonny69 Noob Join Date: Oct 2006 Location: Socialist Republik of Kent Posts: 5,032	As in fixed amount per unit? If so yes, with Equipower. Gas: 3.675p per kWh inc VAT Electricity: 13.40p per KWh inc VAT (London area) __________________

29-08-2008, 18:59	#13
Mark Screaming Orgasm Join Date: Jul 2006 Location: Newbury Posts: 15,194	Yup, it sure was. I'll admit I was doubtful but they beat the 22%. In my case I use very little gas so would have been closer to 10%, but I fixed before all this lot kicked off anyway.