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Hi everyone,

So, there’s a lot of talk/speculation about fuel prices increasing in October, my question is, would I benefit from changing to my current plan which is at the variable rate (Simpler Energy) to another plan, eg, a one year fixed price plan?

I have done a comparison of rates and standing charges and it seems a ‘swings and roundabouts’ thing, but of course that is as things are currently. 

I understand no-one has a crystal ball but I’m interested in people’s opinions

Thank you.

 

There have been several recent replies to similar questions which may help you decide: 

 

I’ve recently fixed.  I think one year fixed deal is slightly more than the variable rate but should be cheaper than the rates from October, through the winter.  Fingers crossed, anyway.

@Firedog I did look for similar topics but could not find anything recent, only year old threads.

@Lpen  Thank you, I think that’s the way I’m heading.

I fixed for one year a couple of weeks ago. It’s only a penny or so above the base rate now and, having solar panels, the energy I’ll use between now and October will be minimal. 

@Bonzo Thank you for your reply, it has helped me make a decision to switch to a fixed tariff.

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