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Financial expert recommends: Change gas and electricity contracts before winter
According to a report by web.de, the Federal Association of Consumer Organizations (vzbv) advises consumers to look for new gas and electricity contracts before winter. According to vzbv, the prices for new contracts are currently falling. At the same time, consumers are less willing to switch providers. Many people prefer to stay with their current provider out of caution, as there have been providers in the past who have terminated contracts at short notice. However, it is still advisable to look for cheaper providers. However, care should be taken to ensure that the new provider is reputable. It is important that consumers are informed and the prices and...
Financial expert recommends: Change gas and electricity contracts before winter
According to a report by web.de, the Federal Association of Consumer Organizations (vzbv) advises consumers to look for new gas and electricity contracts before winter. According to vzbv, the prices for new contracts are currently falling. At the same time, consumers are less willing to switch providers. Many people prefer to stay with their current provider out of caution, as there have been providers in the past who have terminated contracts at short notice.
However, it is still advisable to look for cheaper providers. However, care should be taken to ensure that the new provider is reputable. It is important that consumers are informed and compare prices and conditions from different providers to find the best deal.
The effects of this development on the market and the consumer can be diverse. On the one hand, falling prices for new contracts can lead to increased competition among providers. This could result in overall prices being lowered to attract consumers. On the other hand, consumers' low willingness to switch could lead to some suppliers keeping their prices stable and benefiting from the sluggish market reaction.
In summary, consumers can benefit from the current market situation by looking for cheaper gas and electricity contracts. However, it is important to be careful and ensure that the new provider is reputable. By comparing prices and conditions, consumers can find the best deal and benefit from falling prices.
Source: According to a report by web.de
Read the source article at web.de