Electricity tariffs: Is it time to lock in a fixed rate? | Money Talks

With electricity tariffs hitting record highs, many households are weighing whether to lock in with a fixed-rate plan or wait for prices to ease. David Broadstock from The Lantau Group joins Andrea Heng to explain how the different pricing models work and what you need to consider before making the switch.

Highlights:
00:00 Intro
00:55 Why electricity tariffs are rising
02:25 Why fixed-rate plans cost less
07:36 Is there a catch?
09:17 Is a fixed-rate plan a bet?
11:19 Which households benefit most?
14:42 When time-of-day pricing works
17:08 Advice for renters and movers
20:19 What to compare before signing

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