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Top five fixed energy tariffs - 19th July 2010

Mark Vickery
by Lovemoney Staff Mark Vickery on 19 July 2010  |  Comments 1 comment

Get £50 cashback for switching your energy tariff this week!

There has been quite a bit of movement in the energy market since my last blog . The cheapest fixed tariff e.on FixOnline 8 tariff has been withdrawn as well as Scottish Powers Online Energy Reward. A number of supplier’s cheapest acquisition rates have gone up too such as Southern Electric, npower and new supplier Ovo Energy.

In April, the cheapest dual fuel tariff was £855. Today, it is £883. As the very cheapest tariffs are going up, if you want to grab a low cost deal you should do it soon.

If you want more incentive, Scottish Power are currently offering a £50 cashback deal for switches through sites like lovemoney.com. Their cheapest deal Online Energy Saver 10 costs £915 – if you get the £50 cashback, then an annual bill of £865 makes it the cheapest around. Just be aware these offers are only ever available for a limited time so you have to act quickly if you want to take advantage of them.

Here are the top fixed rate deals on offer today:

Supplier

Tariff name

Features

Annual cost*

Npower

Go Fix 2

Extended  customer contact centre hours, Manage your account online, Paperless billing, Prices fixed until 31st July 2011

£884

Atlantic

Online Fixed Price September 2011

Lowest levels of complaints in industry, 8.33% annual discount for direct debit customers, Manage your account online, Prices fixed until 30th September 2011, cancellation fees apply

£915

Ovo Energy

New Fixed Energy

Choice of paper or paperless billing, Prices fixed for 12 months,  Cancellations fees apply, 15% green electricity

£920

Southern Electric

Price Fix 4 August 2011

Lowest levels of complaints in industry, Highest service ratings, Cancellation fees apply

£1,078

Edf

Annual Fix version 3

Good service ratings / low levels of complaints, Free nectar points, Prices fixed until 30th June 2011, Cancellation fees apply

£1,105

Scottish Power

Capped Price Energy June 2012 Online NSC

Good service rating, Extended hours 0845 customer service centre, Prices capped until 31st May 2012, Cancellation fees apply, Paperless billing

£1,106

* For an average UK property using 20,500kwh of gas and 3,300kwh of electricity paying by direct debit. Correct as of 14th July 2010

Compare energy quotes at lovemoney.com

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Comments (1)

  • Savvy chic
    Love rating 20
    Savvy chic said

    I dunno how you can do Annual Costs. Why not compare tariffs per unit used and whether or not they have these infuriating daily standing charges or not.

    Report on 24 July 2010  |  Love thisLove  0 loves

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