Is your energy bill about to rocket by nearly £200?
If you are on one of the fixed energy tariffs ending this month, you need to act now or else you could pay hundreds more!
A whopping 24 tariffs expire at the end of the month, with households across the country facing sharp energy bill rises unless they switch.
British Gas, Co-operative Energy, Extra Energy, First: Utility, iSupply, M&S Energy and Scottishpower all have tariffs that end on 30th September. When your fixed tariff finishes, you’ll be moved onto your provider’s standard tariff which is generally far more expensive.
Extra Energy customers on the ValuePlus Fixed Price Sept 2015 tariff will see the biggest price hike, at an average of £186.08.
However, as the table below shows a select few will actually see their energy bill drop.
|
Supplier |
Dual fuel |
Average annual cost |
Average annual cost of standard tariff* |
Difference |
|
British Gas Discount Fix September 2015 |
Yes |
£954.53 |
£1,100.92 |
£146.39 |
|
British Gas Fix & Reward September 2015 |
Yes |
£1,135.05 |
£1,100.92 |
-£34.13 |
|
Co-op Energy Fair & Square September 2015 |
Yes |
£944.95 |
£1.119.37 |
£174.42 |
|
Extra Energy Fixed Price September v2 |
Yes |
£967.33 |
£1,129.51 |
£162.18 |
|
Extra Energy Fixed Price v3 |
Yes |
£982.39 |
£1,129.51 |
£147.12 |
|
Extra Energy Fixed Price v4 |
Yes |
£954.93 |
£1,129.51 |
£174.58 |
|
Extra Energy Fixed Price v5 |
Yes |
£970.74 |
£1,129.51 |
£158.77 |
|
Extra Energy Fixed Price September v6 |
Yes |
£961.21 |
£1,129.51 |
£168.30 |
|
Extra Energy Fixed Price September v7 |
Yes |
£960.50 |
£1,129.51 |
£169.02 |
|
Extra Energy Fixed Price September v8 |
Yes |
£961.92 |
£1,129.51 |
£167.59 |
|
Extra Energy Fixed Price September v9 |
Yes |
£958.36 |
£1,129.51 |
£171.16 |
|
Extra Energy Fixed Price September v10 |
Yes |
£946.37 |
£1,129.51 |
£183.14 |
|
Extra Energy Fixed Price September v11 |
Yes |
£947.20 |
£1,129.51 |
£182.31 |
|
Extra Energy Fixed Price September v12 |
Yes |
£948.28 |
£1,129.51 |
£181.23 |
|
Extra Energy Fixed Price September v13 |
Yes |
£947.98 |
£1,129.51 |
£181.53 |
|
Extra Energy Fixed Price September v14 |
Yes |
£953.87 |
£1,129.51 |
£175.65 |
|
Extra Energy SaverPlus Fixed Plus Price Sept 2015 v1 |
Yes |
£985.77 |
£1,129.51 |
£143.74 |
|
Extra Energy ValuePlus Fixed Price Sept 2015 v1 |
Yes |
£943.43 |
£1,129.51 |
£186.08 |
|
First: Utility iSave Fixed v27 September 2015 |
Yes |
£944.99 |
£1,129.51 |
£139.28 |
|
iSupply iFix (pre 22nd Oct 2014) |
No |
£429.08 |
£496.79 |
£67.70 |
|
M&S Energy Fixed Price Sep 2015 Paperless Billing |
Yes |
£1,062.21 |
£1,100.51 |
£38.29 |
|
M&S Energy Fixed Price Sep 15 Paper Billing |
Yes |
£1,074.25 |
£1,100.51 |
£38.29 |
|
Scottishpower Platinum Fixed Energy October2015 |
Yes |
£1,213.90 |
£1,113.25 |
-£100.65 |
|
Scottishpower Platinum Fixed Energy October 2015 Online |
Yes |
£1,203.40 |
£1,113.25 |
-£90.15 |
|
Scottishpower Online Fixed Energy September 2015 |
Yes |
£1,016.55 |
£1,113.25 |
£96.71 |
Compare energy tariffs with loveMONEY
Switch and save a fortune
Even if you are one of the lucky ones who will pay less as a result of moving onto the standard tariff, the fact remains that standard tariffs are miles more expensive than the best energy tariffs available today. In fact, by switching you could save hundreds of pounds!
Here are the 10 cheapest energy tariffs on the market today
|
Energy supplier |
Tariff name |
Average UK price |
|
GB Energy Supply |
Premium Energy Saver |
831 |
|
First Utility |
iSave Fixed October 2016 v2 |
852.00 |
|
Green Star Energy |
Rate Saver 12 Month Fixed 2509 |
875.00 |
|
Sainsbury’s Energy |
Fixed Price September 2016 |
876.00 |
|
Extra Energy |
Fresh Fixed Price Nov 2016 v3 |
889.00 |
|
EDF |
Blue+Price Promise November 2016 |
894.00 |
|
Scottish Power |
Online Fixed Price Energy September 2016 |
896.85 |
|
Extra Energy |
Bright Fixed Price Nov 2016 v2 |
900.00 |
|
Ovo Energy |
Better Energy Fixed (Online) |
918.00 |
|
Extra Energy |
Clear Fixed Price Nov 2016 v2 |
919.00 |
Source: loveMONEY gas & electricity comparison centre.
*Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200 kWh of electricity and a customer paying by monthly direct debit including VAT.
N.B Prices are the average for the whole of the UK. Actual costs vary by region.
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