Best time to switch energy tariffs is now

by Mark Vickery on 06 December 2010  |  6 comments
Tweet

Freezing weather set to leave our energy bills out in the cold this Christmas.

As Britain’s lowest temperatures on record continue for a second week, we are really starting to worry about the effect on our gas and electricity bills.

If the sub-zero weather continues, our calculations predict that it will push the average December gas bill up by 47%. This is going to have a significant impact, because if the cold weather lasts until Christmas we’re talking about an extra £51 on people's gas bills. That’s an increase which is going to make a big dent in household budgets, especially given the recent price rises by three of the biggest suppliers: Scottish Power, SSE and British Gas (from 10th December).

These figures are based on average UK temperatures, so bear in mind that temperatures often drop even lower in rural locations.

Those on state pensions may be feeling the cold of both the weather and the price rises more than others, so you need to make sure you’re receiving the winter fuel allowance that you’re entitled to.

If you want to avoid an expensive energy bill without skimping on heating, the quickest way is to ensure you are on the cheapest deal by comparing all the tariffs available. Here is an update on top tariffs:-

*Price includes £100 cashback. **Post-price rise. Based on customer payment by monthly direct debit, dual fuel and 20,500kWh Gas and 3,300 kWh Electricity per year. This table only shows gas and electricity tariffs and does not include bundled products. Prices correct as of 1st December 2010.

Compare gas and electricity prices at lovemoney.com