nPower announces price rise
Just as the energy price rises start to kick in, another supplier joins the crowd...
Npower has just become the 5th of the Big Six suppliers to raise its gas and electricity prices, by 15.7% and 7.2% respectively.
Meanwhile, millions of British Gas customers will see their bills go up by nearly £200 a year from tomorrow (18th August) as their 18% gas and 16% price rise comes into effect. ScottishPower’s prices went up less than three weeks ago, and e.on and SSE customers are in for the same in four weeks’ time.
The message is still to get on a fixed rate deal to stop your supplier putting your prices up. Even the cheap online tariffs will be affected by price rises at some point.
More of the cheapest tariffs have been pulled but several new fixed tariffs have been launched in the last week. Here is the updated table of cheapest fixed tariffs:-
|
Supplier |
Tariff |
Cost |
Approx. Length of Fix |
Notes |
|
New Energy Fixed |
£1,050 |
1 year |
15% green electricity. Prices fixed for 12 months |
|
|
Fix for 2012 |
£1,051 |
1.3 years |
Prices fixed until 31st Dec 2012 |
|
|
Fixed Price 2014 |
£1,084 |
2.6 years |
Prices fixed until 31st March 2014 |
|
|
Green Energy Fixed |
£1,113 |
1 year |
100% green electricity. Prices fixed for 12 months |
|
|
Go Fix 7 |
£1,126 |
1.3 years |
Fixed until 4th Dec 2012 |
|
|
Online Fixed Saver Nov 2012 |
£1,129 |
1.2 years |
Prices fixed until Nov 2012 |
|
|
Price Fix 2013 |
£1,172 |
1.4 years |
Prices fixed until Jan 2013 |
|
|
Fixed |
£1,182 |
1.4 years |
Prices fixed until Jan 2013 |
* Based on dual fuel, payment by monthly Direct Debit, average usage as set by Ofgem. Prices correct as of 17th August 2011
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