Where there’s knowledge, there’s power
The Simples Lab is on a mission to bust the myths and clear up all the confusion around energy tariffs. First up, ‘fixed’. Fixed tariffs guarantee set unit prices throughout the duration of the energy tariff. Whereas, a standard variable tariff, customers pay a variable price each month, which could go up and down depending on a wide mix of factors, including fluctuations and shifts in the wholesale energy market. SVTs could work out more expensive than fixed tariffs.