3 year fixed rate gas & electricity tariffs

Fix energy prices until 30th September 2017

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To provide yourself with maximum protection against any energy price increases in future years, you may want to consider locking yourself into a long term fixed rate tariff.

At any one time there are usually just a couple of gas and electricity tariffs on the market that allow you to freeze your energy prices for 3 years or longer. The benefits of these tariffs is that you are provided security in knowing that you are protected against price increases for a long time. Should energy prices go up over the course of these three (or more) years, you will still be paying the rates you agreed when you signed up for the tariff. However the downside is that your bills will likely be more expensive in the short term.

The table below shows the current market leading 3 year fixed rate energy tariffs. You may also want to consider a 1 year or 2 year fixed tariff.

Supplier Tariff Average annual bill* Tariff end date
first:utility First Fixed January 2020 £1,020 31/01/2020
Extra Energy Clear Fixed Price Nov 2019 v2 £1,023 30/11/2019
SSE SSE 3 Year Fixed Price v2 Paperless Billing £1,024 36 months from signup
SSE SSE 3 Year Fixed Price v2 £1,036 36 months from signup

*Based on usage of 3,100kWh of electric per year and 12,500kWh of gas per year. Shows average price across all regions. Assumes payment is made by Monthly Direct Debit. Only showing tariffs which are generally available across most of the UK.

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