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To fix or not to fix energy

2 replies

crossstitchingnana · 23/02/2022 10:32

Hi

I am with Eon and have had my renewal notice , been fixed the last year. Their cheapest fixed tariff is exactly the same as their variable. How do I compare with the price cap? Do I fix? Martin Lewis says no but if the Ukraine crisis means higher prices, and the expected hike in October why wouldn't I? Any advice? TIA

OP posts:
dementedpixie · 23/02/2022 12:32

These are the price cap rates from April. How do your fixed rates compare?

To fix or not to fix energy
SantaMonicaPier · 26/02/2022 21:01

If the fix is the same as the new cap I'd be tempted to fix, particularly if there are no exit fees

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