This is a decision you’ll have to make yourself. Unfortunately there’s no way of knowing how the market might change. If you go with a shorter, one-year fix, there’s a risk prices will have risen by the time it ends, meaning higher rates when you come to fix again. With longer fixes you’ll usually pay a bit more, but you’ll protect yourself for longer against any potential price rises.
Articles in this section
- Why is my direct debit higher when I switch in the winter?
- Should I go for a longer fix?
- I’ve never heard of this supplier – is it safe to switch to?
- I have solar panels - can I still switch my energy supply?
- My application to switch is still outstanding, what do I do?
- My existing supplier has offered me a cheaper deal. Should I stick with it?
- I live in Northern Ireland, why can't I switch?
- Can I switch if I've more than one electricity meter in my property?
- I'm supplied by an independent gas transporter (IGT), can I still switch?
- I've called the supplier and it knows nothing about the switch.