2023-05-22 08:56:50
By definition, a variable contract does not protect you from unpleasant surprises. If you do not like the risk, it is better to opt for a fixed contract. But peace of mind comes at a price: today, for example, we estimate a difference of €200 more on standard annual electricity consumption.
Currently, 4 gas and electricity suppliers are once more offering fixed contracts: Luminus, Engie, Mega and Eneco. According to Test-Achats, the prices of fixed products are 26 to 45% more expensive in electricity and 19% to 33% more expensive than the reference variable contracts for gas.
The good news, despite everything, is that these fixed contracts can also be reduced, as Maxime Beghin explains: “The fixed rate is actually a variable rate to which the supplier will apply an additional cost to guard once morest the variability of prices on the market. If market prices go down, variable prices will benefit and so will fixed prices. If they were to fall sharply once more, we can expect to have more competitive fixed rates.“
However, we should not hope for a return to the pre-war situation in Ukraine. According to expert opinion, gas at €20 per megawatt hour is now history. We should also remember that you are free to change supplier whenever you want and that you should never hesitate to compare the different offers.
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