Is your fixed energy tariff ending at the end of February?

There are 12 tariffs coming to an end, and customers could see their bills jump.

There are 12 fixed energy tariffs ending on 28th February, affecting some British Gas, EDF, npower and Scottish Power customers.

And if they do nothing those people will be moved onto their company's standard tariff, which could lead to a sharp increase in their energy bills.

Tariffs ending

Here's a rundown of the tariffs that are ending.

Tariff	Average annual cost	Average annual cost of standard tariff
British Gas Fixed Price February 2015	£1,091.87	£1,156
British Gas Fixed & Fall February 2015	£1,192.97	£1,156
EDF Energy Blue +Price Promise February 2015	£1,071.95	£1,155
EDF Energy Blue + Price Promise February 2015 Gas Carbon Offset	£1,091.37	£1,155
iSupplyEnergy iFix (electricity only)	£454.55	£510.04
M&S Energy Capped Price	£1,111.73	£1,186.27
Npower Online Price Fix February 2015	£1,051.66	£1,169
Sainsbury’s Energy Fixed Price February 2015	£1,091.87	£1,192.97
Scottish Power Fixed Price Energy march 2015 v2	£1,152	£1,167
Scottish Power Fixed Price Energy March 2015 v2 Online	£1,141.51	£1,167
Scottish Power Online Fixed Price Energy February 2014	£1,109.09	£1,167
Scottish Power Online Fixed Price Energy February 2014 v2	£1,086.35	£1,167

Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200kWh of electricity and a customer paying by monthly direct debit including VAT

As you can see, in the case of 11 of the 12 tariffs moving onto the standard tariff will mean an increase of anything from £15 to £117 a year for the average user. So if you’re a big energy user, that increase will be even more significant.

The cheapest fixed tariffs

As an example of the savings that could be made by switching here are the cheapest fixed dual fuel tariffs currently available, again based on average use.

Tariff	Average annual cost
Extra Energy Fresh Fixed Price February 2016	£913
Scottish Power Online Fixed Price Energy March 2016	£917.92
Extra Energy Clear Fixed Price March 2016	£919
Extra Energy Bright Fixed Price January 2016	£919
First Utility iSave Fixed March 2016	£919.49
Ovo Energy better Energy Fixed (Online)	£920
Sainsbury’s Energy Fixed Price February 2016	£921.95
Green Star Rate Saver 12 Month Fixed	£927
Npower Price Fix May 2016	£927
Co-operative Energy Fair & Square May 2016	£944

Source: lovemoney gas and electricity comparison centre

Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200kWh of electricity and a customer paying by monthly direct debit including VAT.

*Not available in region 17 - Scottish Hydro area

Remember that not all these tariffs will be cheapest in your area, which is why is so important to shop around. But they give you an idea of the savings you might be able to make.

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