Should You Fix Your Energy?

With the return of fixed deals, is it worth switching to one, and will it save you money?

- Andy Webb

CAST YOUR MIND BACK a few years, before the energy bill crisis added hundreds and hundreds of pounds to the cost of our electricity and gas use. You might remember that people like me were always going on about switching and fixing your energy.

The idea was simple. Competition in the market meant it was easy for those out of contract to move their supplier with a couple of clicks for a cheaper deal. As long as you had access to the internet, the whole process of comparing different prices and picking a deal took no more than 15 minutes.

And the biggest savings were for those that not only moved to a different company, but who also fixed their tariff. These were pretty much always cheaper than the variable rate tariffs, which were limited by a price cap.