Thread: The energy crisis
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Old 05-10-2021, 19:27   #141
jfman
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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.
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