Fixed deals allow you to pay for energy at a set rate for a set period of time, but you are locked in.
Plenty of people whose fixed deals have expired in recent months may have considered fixing again, given the outlook of rising energy prices.
This has been an extremely expensive option, but one which some understandably chose to take given the eyewatering forecasts of soaring bills.
The prime minister did not mention fixed deals in her statement.
However, it is understood that suppliers are being asked to discount current fixed deals or allow customers to transfer to the cheaper variable deal without a penalty.
If you fixed within the last 14 days, you can cancel without charge.
I was offered much the same by British Gas back in July when my fixed price tariff ended, the new fixed price tariff they offered me was way more expensive the the variable rate tariff so I decided to stick with the variable.
I would like to nominate my energy provider, Octopus, for a āwhoās a big cunt ā award.
In July 2021, they emailed me, and said they would recommend a monthly payment of Ā£243.44: this, apparently, would put my account in a good position, and could probably be reduced to Ā£216 in July 2022.
I worked out my payment (based on the same stats as they had), and reduced my direct debit to the figure I had worked out.
Suffice it to say, if I had followed their payment plan, my energy account would now (before receipt of any Boris money) be in excess of Ā£1,000 in credit.
Assuming they have 3,000,000 customers, and 50% of them follow the payment advice they have been given, my friends Octopus would probably have over Ā£150,000,000 in their bank account which didnāt belong to them.
If they receive the suggested award, it would also have to be given to all the āenergy providersā.
Cunts and fuckers the lot of them, and we are all being ripped off.
ā¦and which wouldnāt be repaid if they strategically āwent bustā. It would simply be added to the costs of the new provider to be retrieved from the population in general, which is the bit that really boils my piss.
My account is not hugely in credit, because I work out my own DD, and do not accept āsuggestions ā by the provider - my example was to show the consequences of blindly following provider suggestion.
Or - stop the direct debit until you have reduced the credit. As long as you tell them what you are doing, there is fuck all they can do (I think), and you tell them when you intend to start direct debit again.
And i know it takes next to nothing to get the gas out the ground to supply your power stations the hard bit is getting the liquid gold out the ground.
The expensive bit is paying the fucking tab for the companies that went bust with millions of customer pounds in credit, which got tacked onto everyone elseās bills. Thatās whatās costing the fucking money. Corbyn was right, we should renationalise the cunts.
Orā¦ā¦should never have been privatised in the first bloody place!!!
A cost benefit analysis for the average tax payer of all the privatisations would probably show a negative effect overall, but for the rich duckers that took advantage - loads of money!
