Martin Lewis and Gas/Electric Increases

[Rainbow1961]

I watched this the other night on TV as I'm aware that our fixed rate runs out next week. Looking at our tariff now and the three options of what we could choose from - it's scary looking at how much our monthly payments could go up by.
I've been sat trying to make comparisons as the expected increases in October and then again by as much 24% increases in January make this almost impossible to calculate. I'm thinking of fixing for 18 months as incidents going on around the world make me think that things could get much worse.
The comparisons sites are indicating that a cheaper fix now is good but not all are allowing for October increases - how to make life difficult when you want actual facts and figures?!!

Op contact the energy companies directly??? Octopus are very good. Excellent UK based customer service and you talk to a human being.....no going round the houses pressing endless buttons.
They will give you a quote pretty quick.
I think its best to fix the price now before it goes up again

Have you gone on to MSE and look what's being advised there?

We are already with Octopus and really rate them as a supplier - but it's their increases which seem to be massively extortionate. In the past they have tried to make us increase our payments when in actual fact their calculations were spot on and we agreed to make the payments they originally requested. At no point were we ever in the position of owing them money nor did we have a huge credit. I pointed this out to the customer services operator and praised them for their accurate predictions but more recently they have immediately started to reel off their crib sheet the hows, whys and wherefores. Back then I still refused to increase the payments and still maintain a decent credit balance even now - the new tariffs will increase our monthly payments by £30-35 plus and I have taken into consideration the predicted increases but right now I'm leaning towards the 18 month fixed tariff.

Id go for the 18 month fix op.
Usually I go for 1 or 2 years fix.

If the fix is cheaper than the current price cap then it will be cheaper than the October price cap. Have you tried Money saving expert Cheap energy club as I think it will compare to the October price cap and do a whole of market comparison. Best thing you can do is fix now and hope the market improves in 18 months.

Well I've signed up to the 18 month tariff and already had to send an email to Octopus as the monthly payment is £7.04 more than was advertised to me!! Honestly!! Why say one thing and do another?!!