Another electric one sorry!

[TabithaTittlemouse]

I currently pay £64 a month standard variable tariff by direct debit. I could switch to a fixed long term tariff for £97 a month.
Considering the rise in costs should I switch to a long term tariff now?

Sorry if this is incredibly stupid.

I've done a little spreadsheet over the quarters this year based on predicted monthly usage and the current price, the new price cap and a guesstimate for the price cap in October.

The thing is - over the summer months, people use less gas, so it's the winter months and the winter price rise for gas that make the October level the one to think about.

@dementedpixie

The price cap is for the average useage, not keave your heating in high 24/7 run all appliances 24/7

The price cap relates to the maximum price per kWh and yes, they also quote annual amounts related to that kWh figure. Its the price per kwh and standing charge along with your annual usage that you need to look at to determine the total cost of your gas/electricity

@dementedpixie

Yes, you explained it better, but that's effectively what I said. In reply to the question asked.

Anyway, I'm going to back out now before I confuse anyone else!!
My basic point was that the cap doesn't mean you can use a endless energy and only pay what they constantly state as the total £££ pricecap!