Renewing Energy Tarrif

I think there's a lot of confusion here. When you sign up with an energy company for a fixed price tariff, it works as an account. Your monthly payment is just what the energy company estimates is about 10% of your total annual charge will be. So you might pay £120 in Dec, and your usage might be £140, so your account will be £20 in debit. If your monthly usage runs well ahead of their estimate (and it always does in Nov/Dec/Jan) then they will up your monthly payment. Resist this, because in the summer, you will be overpaying and by the time your tariff ends, you'll have a significant credit balance. In other words, you are funding the energy company's operations.

It's important to understand that your monthly payment is only a payment on account and does not represent the energy units that you use. You can't have the heating on all day every day and expect it'll be covered by your monthly payment.
 
I tried going on USwitch and Campare the Market I think it was and basically they are shut down due to the current crisis.
Whatever variable rate your provider offers you atm will almost certainly just be at the current price cap and switching would just create a headache for you of confirming final and opening balance; new online accounts etc

just take variable with who you are with for now
 
i use Look After My Bills, which is a great service. They search for new deals for you every year and switch you over automatically. You literally do nothing, they sort out the cancelation etc. However, a visit to their site today shows this:

Screenshot 2021-11-29 at 15.40.32.png

So it's probably best to wait a while.
 
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