Are you thinking about it before you fix?

[Guest]

Remember the market is still volatile and should you fix the prices could reduce more.

What are your thoughts on this?

[Nicky]

Not fixing yet ... just wish standing charges were the same UK wide ... we are hammered here v London.

[Lidia]

I fixed last year with British Gas. My fix turned out to be more expensive than Energy Price Guarantee. Somehow British Gas lowered my unit price to be in agreements with EPG but when I checked how much I would pay as a new customer with a variable rate - it would be still cheaper than what they lowered my tariff to.

I was forced to stay with them with 75 pounds exit fees per fuel and they gave me lots of troubles with wrong statements and moving homes. What I learnt with this experience? That the fix deals benefit suppliers and cost customer a lot to exit when the supplier fails. And I learnt that when the rates go crazy high - British government intervenes one way or another regardless.

So no, even if EPG is gone, my bet is that the prices will be somehow protected in the future too. I am not going to fix with current options. It would have to be much cheaper benefiting customers not the energy giants.

[Karen]

Just fixed with Octopus Tracker for Electric and Gas, going to be interesting to see if this actually works out or if I end up paying a lot more - favour fortunes the brave (or not lol)

[Duncan]

I feel like if there are lots of fixes on the market, they maybe think prices are coming down again and want to lock people in at higher prices meantime …

[Matthew]

The concern is that the exit fee is so high, so I think they will come down a further £150 min shortly hence why all are stating a £75 each exit fee.

[Julie]

I'm not fixing yet but I am looking after seeing the Octopus who I got mugged to from Bulb are more expensive than Shell on unit prices (not standing charge with is marginally checker), which I wouldn’t have thought after all the good comments on here about them. If prices are dropping from tomorrow too then definitely waiting and I don’t tie in to deals with a leaving fee. If their deal was so great they wouldn’t need a penalty as they would know no one would leave!

[Karl]

I'm going to hang it out as long as possible, the exit fees on some are more than I use in a month including the ridiculous standing charges...my dual fuel bill last month was only £65 in total (live alone don't cook much)

[Clair]

I think the cap will go down again in October so I will wait to see what’s on offer after that, I think it will never be the prices it was before the “crisis” but I can’t see any reason it will go as high as it was this winter.

[Helen]

Taken Octopus 12M fixed today. Knowing what our rates per unit will be for the next 12 months is a big deal for my household budgeting.

[Tim]

There's no real incentive to fix, a few years ago there were sign up bonuses now the boot is on the other foot in terms of cancellation charges. Best to stay variable until some competition returns to the market. Also most fixes now are only 12 months.

[Karen]

It feels as though providers are trying to make us panic into fixing a deal now. And it's understandable that people are doing so after the last 18 months or so off crippling bills.