Gareth
Member
Registered: 2nd Mar 00
Location: Derby, Drives: EVO VIII MR & pug 308
User status: Offline
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Thinking of moving to edf and fixing my gas and electric price until 2014
Has anyone else fixed?
Currently with british gas and have been for years but they are upping there prices so i might make the move now.
There is a get out fee should i want out before 2014 but is there any chance of prices dropping!?
Also im on a water metre and severn trent have dropped me to £4.25 a month! Surely that carnt be right but im not complaining 
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Ben G
Member
Registered: 12th Jan 07
Location: Essex
User status: Offline
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British gas are taking the piss, mine keeps.going up too.
Water is actually really cheap, i pay 17 quid a mont which isnt too bad when you compare it to g+e prices.
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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I'm with nPower, they have put theirs up recently as well 
Re. prices, of course there is always a chance of prices dropping but no-one knows if or when they will!
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John
Member
Registered: 30th Jun 03
User status: Offline
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It's all a fix anyway, the prices all rise at the same time no matter how cheap the supplier is buying the energy in for.
Paying a bit extra is better than being stuck for 3 years for me.
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Cavey
Member
Registered: 11th Nov 02
Location: Derby
User status: Offline
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http://www.corsasport.co.uk/board/viewthread.php?tid=609332
I have mine fixed with EDF till March 2014. At least I know roughly how much it'll be each month.
From the graph they showed on watchdog the other night the wholesale price may well drop over the next couple of years, but it'll be a minor increase IF any to customers, more likely they'll increase it more as it's a closed market and they can charge whatever they like essentially
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Rob_Quads
Member
Registered: 29th Mar 01
Location: southampton
User status: Offline
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quote:
Originally posted by Cavey
http://www.corsasport.co.uk/board/viewthread.php?tid=609332
I have mine fixed with EDF till March 2014. At least I know roughly how much it'll be each month.
From the graph they showed on watchdog the other night the wholesale price may well drop over the next couple of years, but it'll be a minor increase IF any to customers, more likely they'll increase it more as it's a closed market and they can charge whatever they like essentially
Yup - unless there is a major push from the watchdogs then costs of fuel is only going to go up and if recently is a guide by a good chunk each year.
I'm also fixing mine till 2014.i worked out that as long as the prices went up by around 10% by the start of 2013 i would be no worse off. The more it raises by or earlier the better off I am.
I also like the fact I can budget to it.
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whitter45
Member
Registered: 15th Nov 02
Location: Norton
User status: Offline
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quote:
Originally posted by John
It's all a fix anyway, the prices all rise at the same time no matter how cheap the supplier is buying the energy in for.
Paying a bit extra is better than being stuck for 3 years for me.
Agree - however costs are going to really rise over the next 18months IMO, so if it means paying only a little bit more now then it maybe ok
Its a lottery really but its like interest rates. At some point the prices and rate is going to rise so it depends how much you are willing to risk
BTW British Gas and NPower are by far the worst suppliers to deal with IMO
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John
Member
Registered: 30th Jun 03
User status: Offline
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I'm with British Gas because whatever switching site I used said they were cheapest.
I'm paying £95 a month and I'm quite a bit in credit just now, that will obviously go down over the winter, I'm hoping the £95 covers it though.
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