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Old 07-01-2022, 08:54   #371
1andrew1
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Join Date: Dec 2013
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Re: Energy companies collapse

Quote:
Originally Posted by Halcyon View Post
What would you do in my situation?

Currently on dual fuel and pay £114 per month fixed rate.

It comes to an end at end of the month.

Looking at other 1 year fixed rates is nearly double what I'm currently paying.

Should I go variable for time being? Though I hear that is hiking up prices too?

thankyou.
The advice from Money Saving Expert includes:

Quote:
If you're offered a fix that's no more than 40% costlier than your current price-capped tariff, it's worth considering - especially if you value budgeting certainty.
See the full article here: https://www.moneysavingexpert.com/latesttip/#energy
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