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Are you one of the seven million just days away from paying up to £64 more for your energy?

Robin Bowman

Robin Bowman
May 29, 2018


Over seven million homes are going to see energy prices rise by a total of £400 million a year as price rises kick in over the next fortnight.

Four of the Big Six energy suppliers have announced price rises – leaving householders with up to £64 extra on their annual bill.

And a further half a million homes will also face sharp price hikes as their fixed deals come to an end.   If customers take no action to switch to another fixed-rate deal, they will automatically pay a standard variable tariff – the most expensive way to pay for home energy.

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Many households will not have switching on their minds because energy use for heating has dropped off as the weather has warmed.

But the time to secure a more favourable deal is now, before further price rises.

British Gas prices will rise by 5.5% from today.

That means four million customers will be paying an extra £60 a year, if they do nothing.

Scottish Power customers will pay an extra 5.5% from Friday, which means a rise of £63 a year for half a million households.

Over half a million EDF customers pay an average of £16 extra from Tuesday, and on June 17, one million Npower users face the biggest rise of all – £64.

The simple fact is, it doesn’t have to be this way. The average energy user on a standard variable tariff can save around £300 a year, just by switching to a fixed-rate deal.

START SAVING MONEY ON ENERGY RIGHT NOW!

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