View Single Post
Old 05-10-2021, 19:27   #141
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
jfman has a nice shiny star
jfman has a nice shiny star
Re: Energy companies collapse

Suspect the fixed rate offers don’t really have a choice. Either they anticipate prices to keep rising in which case they have to pre-empt that or need some customers to offset the loss-making usage ongoing at the minute.

Either way they can’t commit to fixing at the same rate as a current variable leaving them unable to respond to volatile market conditions.
jfman is offline   Reply With Quote