Chestnut
To get back to the OP, is anyone now having to choose between a fixed term tariff and a flexible one? It's a really bad time! No good fixed ones around, they are very expensive, and you would pay those high rates starting now.
If you choose a flexible tariff you pay less now but it will go up in October. You are stuck between a rock and a hard place.
Anyone making that choice now and what are you going to do?
Yes we are in that situation with Scottish Power. Our fixed rate ends on July 31st. We were offered another fixed rate tariff but there were two negatives with it - there was an exit penalty of £300 per fuel and an additional variable charge every quarter, they said it could be a credit but that is very unlikely IMO. So I looked at their standard tariff and if that goes up by 50% we will still be paying less than the fixed rate tariff offered. So we decided to go on the standard tariff, see what the usage costs are and possibly change supplier when this is possible, I believe it is virtually impossible to go to a new supplier now.