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Had a letter from (not-so-wonderfuel) British Gas telling me my bill was rising by an average of 35%. The same letter offered me a fixed rate until 2011 so I won't be affected by any price rises if I sign up to the offer. The downside is if I sign up to the fixed rate and prices drop below what I'm paying now, I don't get the benefit of any reduction in what I'm paying.
So good people, what do you think? Should I stick with my current level of payments and risk further rises or sign up and hope the prices don't drop below their present level?
So good people, what do you think? Should I stick with my current level of payments and risk further rises or sign up and hope the prices don't drop below their present level?