Energy tariffs ending soon: switch now!
Eight fixed energy tariffs come to an end at the end of April, so thousands of households need to move quickly to avoid seeing their bills increase.
When a fixed tariff comes to an end, the supplier will move you onto their standard tariff. These are almost always the worst tariffs on offer; the prospect of moving onto the standard tariff should be the spur to get you to shop around for a new deal.
In fairness, of the eight energy tariffs coming to an end this month, two of them will actually see customers spend less by moving onto the standard tariff, as the table below explains.
Tariff | Dual fuel? | Annual cost | Annual cost of standard tariff |
British Gas Price Promise April 2015 | Yes | £1,194.03 | £1,156.11 |
British Gas Price Promise April 2015 with Energysmart | Yes | £1,194.03 | £1,156.11 |
EDF Energy Blue +Price Promise April 2015 | Yes | £1,083.86 | £1,154.53 |
First Utility iSave Fixed v9 April 2015 | Yes | £1,044.96 | £1,134.85 |
First Utility iSave Fixed v15 April 2015 | Yes | £1,024.48 | £1,134.85 |
First Utility iSave Fixed v23 April 2015 | Yes | £992.45 | £1,134.85 |
iSupply Energy iFix | No | £450.73 | £510.04 |
Npower Price Fix April 2015 | Yes | £1,091.66 | £1,169.33 |
Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200kWh of electricity and a customer paying by monthly direct debit including VAT.
As you can see, average households are looking at bill increases of as much as £142. So if you're on one of these tariffs, now is the perfect time to find a new, cheap energy tariff.
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The cheapest fixed energy tariffs
While British Gas customers leaving the Price Promise April 2015 tariffs will see their bills fall they, and customers on any other tariffs concluding this month, could save even more by moving to one of the tariffs in the table below.
These are the very cheapest dual fuel energy tariffs on the market today.
Supplier | Tariff | Average UK price |
First Utility | The Big Deal Collective Switch April 2016 | £892.49 |
Extra Energy | Fresh Fixed Price September 2016 | £913 |
Scottish Power | Online Fixed Price Energy March 2016 | £917.92 |
Extra Energy | Clear Fixed Price March 2016 | £919 |
Extra Energy | Bright Fixed Price January 2016 | £919 |
Npower | Price Fix May 2016 | £927 |
First Utility | iSave Fixed May 2016 | £933.49 |
Co-operative Energy | Fair & Square May 2016 | £944 |
Sainsbury's Energy | Fixed Price March 2016 | £949.36 |
Npower | Price Fix July 2016 | £951 |
Source: loveMONEY gas and electricity comparison centre
Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200kWh of electricity and a customer paying by monthly direct debit including VAT.
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