Best fixed price gas & electricity
If you want to protect your energy prices against any near future price increases, then you may want to consider going for a fixed price, or a capped price energy deal.
A fixed price deal is fixed for the term of the contract, prices will not go up nor down with any price changes made within the energy industry during the term of the contract.
A capped price gives you the same protection against any price increases, however, if there are any reductions available, then your price can come down. The cap just means your price won’t rise above the capped rate.
There are a few things to consider with a capped, or fixed price energy deal. It is not always wise to go with the cheapest option.
In some cases, you may be better going for a tariff which is fixed over a longer period of time. You often pay a bit more for the longer termed fixed price deals.
On some reare occasions, you may come across a fixed price tariff which is not much more expensive than a non fixed.
This page is kept up to date with most popular fixed price deals. And here they are.
npower Go Fix 10
- Prices are fixed until April 2013
- £105 refunded each year for dual fuel (included in savings)
- Visit npower
e.on Fixed price April 2013
- Prices are fixed until April 2013
- Earn Tesco Clubcard points
- Visit e.on Energy
These are all the fixed price deals I am referring at the moment. If you would like to get quotes for all the deals, enter your postcode in the right hand column
hi martin
having been very lazy and not changed provider for many years (sign on line 5 Npower) I am undecided to go for sign on line 24 with npower or the scottish energy fixed, npower 1588/year both fuals (variable) and scottish power 1600/year both fuels fixed until feb13, do you think its likely with politcial pressure that prices will come down, i guess npower who are offering 5% discount at present (hence they top the leader board) will just drop the discount to 2% if prices are forced down what do you think ??
Hi Lisa
Thanks for your comment
You are correct about the energy suppliers being under pressure from the press. But I doubt very much there will be any reductions in the near future.
The suppliers are also under pressure to produce more renewable energy power stations. These things all come at a price. I certainly wouldn’t hesitate to switch supplier, even if it meant I was getting a better price just for a couple of months. Also, don’t forget, that with npower, you don’t get all your discount until you have been with them for 12 months. I’m not saying this is a bad thing, because online tariffs are normally based on a 12 month contract anyway. If you have not switched supplier since npower sign online 5, I assume you are now on their standard energy tariff!
sorry martin another question , the difference between having a standing charge (npower sign on line 24) and no standing charge but higher unit prices and paying only for what you use, which one suits large house with bills in region of £1600 a year , i am right in thinking higher users are better with standing charge??
Hi Lisa
Sorry for calling you Liz before. Here is some information on standing charge tariffs
http://energy-advise.com/2010/11/17/scottish-power-platinum-fixed-energy-january-2014-no-standing-charge-tariff/#comment-8662