Cheapest energy deals disappearing fast

by Mark Vickery on 11 September 2012  |  2 comments
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As the cheapest fixed tariff is pulled from the market, you need to act fast if you want to get a decent deal.

Over the past week three fixed energy tariffs have been withdrawn, causing quite a shake-up with some of them representing the most affordable tariffs on the market.

Some of the tariffs to have disappeared include EDF’s Blue+ Price Promise April 2014, as well as First Utility’s iSave Fixed v3 which was the cheapest tariff on the market.

And from today, Scottish Power’s Online Fixed Price Energy January 2014 will be removed to be replaced by a new, slightly more expensive Online Fixed Price Energy March 2014 tariff.

This highlights the need for people to stop procrastinating about their energy needs and act quickly to secure the best possible savings. With SSE announcing its price rise last week, it is looking likely that other suppliers will adjust as well, so the best fixed tariffs won’t be around for long.

Below is a list of the current cheapest tariffs available as of 11th September 2012:

* against typical bill of £1,345 per year as estimated by Ofgem. All costs are for a yearly average usage dual fuel household paying by monthly direct debit. Average usage defined by Ofgem as 16,500 kWh p.a. of gas and 3,300 kWh p.a. of electricity.