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Ologhai Jones

S S E To Reduce Bills

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BBC website: SSE confirms reductions in bills.

Energy supplier SSE has confirmed it is to cut its prices from 24 March, following changes to the green levies on bills. It said it would reduce prices by an average of 3.5% for those on dual fuel agreements... SSE said that those on fixed tariffs would also see the same reduction as those on standard, or variable rates.

Even though those on fixed tariffs will feel that this is a good thing (and very well may have complained if SSE didn't do it), this kind of thing makes me uneasy. If SSE can reduce the price of energy on fixed tariffs, doesn't that mean they're equally free to raise it? If not, why not? And if so, then there is no 'fixed'.

Contracts are a pillar of a functioning free market (prices and values are set based upon the promises made when deals are struck). I wish we'd stop messing with 'free' markets and let them do their job.

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Npower to cut energy bills by 2.6%

The energy supplier Npower has announced an average price reduction of 2.6%, following the government's changes to energy bills.

The price cut will affect all customers whose prices went up in December, including those on fixed, or discounted rates.

Npower follows suit.

It would be interesting to know if taxes went up would fixed deals be affected like this?

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BBC website: SSE confirms reductions in bills.

Even though those on fixed tariffs will feel that this is a good thing (and very well may have complained if SSE didn't do it), this kind of thing makes me uneasy. If SSE can reduce the price of energy on fixed tariffs, doesn't that mean they're equally free to raise it? If not, why not? And if so, then there is no 'fixed'.

I am on a fixed rate with EDF but there is a clause that if there is a rate out there that is more than £1 per week cheaper they will tell you about it.

I wonder if SSE have a similar clause.

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Why should a fix rate mean you can't move without a penalty....many fixed rates allow you to move without extra cost......check the small print. ;)

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