Top 10 energy tariffs

by Mark Vickery on 17 February 2011  |  3 comments
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Find out why you could soon be hit with a staggering energy bill – and what you can do about it!

With the dreaded quarterly energy bill for this Winter dropping through our mailboxes this month, many of us could be hit with a staggering bill, hundreds of pounds higher than usual.

Nearly all of the energy suppliers, including ones outside the “Big Six”, such as Ovo and Utility Warehouse, have upped their prices this Winter, and with inflation and fuel prices still on the rise, there’s no guarantee that we won’t be hit with even higher bills.

Although our gas and electricity usage obviously falls once Winter passes, recent changes to pricing structures may mean that we won’t see our bills drop by as much as usual.

There are generally two tiers of pricing on gas and electricity: if you use under a set amount, you will be charged a higher, initial, rate. For anything over that, you’ll be charged the lower second tier rate.

This is a good thing during winter when you’re using a lot of energy, but it means you’re actually paying a higher rate and effectively being penalised for using less!

All of this emphasises the point that even though we may think we’re over the worst with our energy bills, we always need to do what we can to save money.

Online energy tariffs are generally much, much cheaper than other tariffs, and there are still some great deals available – grab them now before suppliers withdraw them and replace them with more expensive versions!

Top energy tariffs

Here are the cheapest tariffs from the 10 biggest suppliers. Compare them to your energy bill and see the difference!

UK average across all regions: payment by monthly Direct Debit, dual fuel, based on 16,500kWh Gas and 3,300kWh Electricity usage

Compare energy tariffs at lovemoney.com