Fixed Price Energy
Fixed price energy tariffs are one way that consumers can save money on their bills. With these tariffs (or capped energy tariffs) guarantee the price per unit that you are charged will not raise above the agreed amount for a stated amount of time.
This period is usually 1 to 2 years. In the present climate of high energy prices, fixed price energy deals are becoming more and more appealing.
Really there are two main points to consider when trying to compare fixed price energy deals.
2. Some suppliers of fixed price energy deals may reduce your capped Unit price if there is a drop in their standard prices, whereas other providers may not do this. -Make sure you know which is the case with your energy provider!
The real benefit of a fixed rate on your energy tariff is being able to accurately plan your financial commitments. This is becoming increasingly important as the increase in the wholesale energy rate passed on to the consumer.
It is worth noting that it's not just British Gas and EDF energy that have increased their prices; you can be sure all other major energy suppliers will be following in the coming weeks. So it would seem that now is a better time than any to check the deals on fixed price energy that are available in your area.
Our advice would be to compare online to get the best deals. Be sure to use a website that allows you to enter your postcode so that you only get deals that are relevant to you.
One such site is www.energychoices.co.uk. Unlike some comparison sites, energychoices provides a large volume of up to date content on the latest twists and turns in the energy market, thus being a one stop shop' consumers can go visit to find out how they can get the best deals in this turbulent climate.
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