We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.
Energy bills could rise by up to £155 for some households. More than 810,000 will be hit by the price hikes. This is because as their deals end they will be automatically put on to SVT.
Energy bills could rise by £63 million as 57 fixed deals from 16 suppliers finish at the end of November, according to new data from Uswitch.com.
With these deals ending at the end of November, time is running out for consumers to avoid paying more for their energy.
Switching onto a cheaper plan could help bill payers avoid the price hike.
The cheapest deal is currently the Fix’d 20 19.0 tariff from Outfox the Market at £821.40 fixed for 12 months.
Energy customers can use the Uswitch online guide to find out if their deal is ending soon and compare the best deals to move to.
Sarah Broomfield, energy expert at Uswitch.com, said: “Customers often get caught out when their fixed energy plan ends and they are moved automatically onto a standard variable tariff that ends up costing them more money.
“This is a particularly busy time of year with Christmas on the way, and it’s easy to forget to change supplier — but not switching could come with a hefty £155 price tag attached.
“No one should be paying more than they need to for their energy, and as we head deep into winter, now is the time to check when your deal is coming to an end.
“If you’re struggling to work out how to check when your tariff is due to end, you can use our online guide to point you in the right direction.”
DON’T MISS
Ofgem to raise cap on bills to help cover cost of Covid [BILLS]
£21 increase proposed for UK households to cover ‘bad debt’ [WARNING]
Martin Lewis urges savers to take advantage of the Big 6 ‘price war’ [DEALS]
What are the best energy bills
- Outfox the Market – Fix’d 20 19.0: £821.40
- Utility Point – Just Join UP 12M Fixed Wk46 S: £831.52
- Avro Energy – Simple and SuperPrime: £855.32
- British Gas – Online Fix Jan 2022v7: £868.36
- Green – Sturgeon: £870.02
- E.ON – Fix Online Exclusive v54: £870.76
- Pure Planet – 100% Green Direct 12m Fixed Nov20 v1: £871.12
- ScottishPower – Super Saver December 2021 B1 – £876.14
- Simplicity Energy – SimplyLoyal20: £880.02
- Octopus Energy – Octopus Exclusive 12M: £880.61
To get involved, the government has said that any improvements to the home must be completed by March 31, 2021.
Martin Lewis advice for making your money go fruther over Christmas involves numerous tips.
He suggests agreeing not to buy presents for family.
He said: “Yes, it’s the season of goodwill but that doesn’t mean you need to turn Christmas into a retail festival, by buying unnecessary, often unwanted gifts for friends and family because they bought you a gift.”
For those struggling amid the coronavirus pandemic, there is a way to reduce energy bills.
Universal Credit claimants may be able to get £140 off their energy bills this winter.
A number of schemes have been set up, which may help the eligible people to meet these outgoings. This includes the Warm Home Discount Scheme.
Under this scheme, an eligible person may be able to get £140 off their electricity bill for winter 2020 to 2021.
Source: Read Full Article