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The top 5 energy tariffs - 27 April

Mark Vickery
by Lovemoney Staff Mark Vickery on 27 April 2010  |  Comments 2 comments

Each of this month's top energy tariffs could save you more than £300.

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The winter of 2009/10 will surely go down in the record books as one of the coldest for several decades with several weeks of sub zero and plenty of snow to keep us huddling indoors.

To add insult to injury, the first quarter energy bills for the average household has just been revealed as being £532.70, some £80 higher than predicted due to the extra heating during the cold snap.

What if anything can you do about being lumbered with a bill like this in future?  Well quite a bit actually.

Cut your energy bill

The cheapest energy deals are almost always a combination of the following

a)      Dual fuel supply

b)      Online account management (bills and meter readings)

c)      Direct Debit payment

This is because companies offer discounts for online account management, regular payment and managing both energy supplies together.

The top 5 cheapest energy tariffs this month

Although there are slight regional variations by a few pound the below tariff are currently the top five energy tariffs available in the UK. All are available from lovemoney.com’s energy comparison service:

Supplier

Tariff name

Annual cost*

Savings*

Information**

Ovo energy

New energy fixed

£855

£365

a new energy supplier offering a 12 month fixed deal, early cancellation fees apply

npower

Sign online 18

£862

£355

includes several discounts which are paid after 12 months, early cancellation fees apply

first:utility

iSave dual fuel v3

£876

£341

new supplier offering, not available in Scotland & Isle of White, discounts paid after 12th month

British Gas

WebSaver7 Dual Fuel

£895

£322

Includes several discounts that are paid quarterly, early cancellation fee apply

e.on

FixOnline NSC v8 (til July 2011)

£902

£315

Price fixed til July 2011, discount dependent upon online management of bills and meter readings, early cancellation fees apply

Apply for one of the top five deals now

*Based on the premise that customers have never switches and are using 20,500kwh of gas and 3300kwh of electricity per year paying £1,217 on receipt of a quarterly bill averaged out across the UK (supplied by energyhelpline.com April 2010)

**All deals include discounts for dual fuel, online account management or signup, and direct debit payment.  Some of these may be payable after a qualifying period of up to 12 months

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Comments (2)

  • oldseadog
    Love rating 1
    oldseadog said

    "Although there are slight regional variations by a few pound"

    I switched last month, i?ts more than a few pounds. Once you've ?u?s?e?d? ?????a price comparison? ?s?i?t?e, do your?? ?c?a?l?u?c?a?t?i?o?n?s???? ?????????????????using the actual detail on each ?company's website. I fou???nd the differences to be up to £40 from the comparison site as they use regional averages.

    Report on 28 April 2010  |  Love thisLove  0 loves
  • moneysavingking
    Love rating 0
    moneysavingking said

    Wow, while I like to think of myself as a king of money saving. I am ashamed to say that I found I could save a few hundred quid after I compared following this article.

    Just need to get the switch past the money spending queen now :)

    Report on 25 May 2010  |  Love thisLove  0 loves

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