Fastened-priced offers be offering walk in the park for a collection length – steadily a yr, or longer – but when costs drop, it’s good to be caught at a better worth.
Ofgem says shoppers who need the protection of a collection worth will have to believe mounted offers.
Alternatively, it recommends getting impartial recommendation.
The fee comparability website Uswitch says it is very important test whether or not mounted offers have go out charges sooner than signing up and to you should definitely totally perceive the phrases of the contract.
For the reason that worth cap adjustments each 3 months, it’s tricky to understand with any walk in the park whether or not a set tariff is a great deal. The longer the mounted time period, the higher the uncertainty.
