Eight energy tariffs ending in August: switch now!


Updated on 19 August 2015 | 0 Comments

Act fast before you get put on your supplier’s standard tariff.

There are eight energy tariffs which expire at the end of the month, so if you are on one of them the time to act is now.

If you don’t switch, you’ll be put on to your provider’s standard tariff which is often a lot higher. 

Here is a rundown of the tariffs which expire on 31st August.

Tariff coming to an end

Dual fuel?

Average annual cost

Average annual cost of standard tariff*

Difference

British Gas Fix & Control Aug 2015

Yes

£1,256.56

£1,156.11

-£100.45

British Gas Fix & Reward August 2015

Yes

£1,192.97

£1,156.11

-£36.86

British Gas Fixed Price August 2015

Yes

£1,084.81

£1,156.11

£71.30

EDF Energy Blue + Price Promise August 2015

Yes

£1,048.77

£1,154.53

£105.76

Npower Price Fix August 2015

Yes

£1,119.37

£1,169.33

£49.96

Sainsbury’s Energy Fixed Price August 2015

Yes

£1,074.61

£1,156.11

£81.50

Sainsbury’s Energy Fix & Reward August 2015

Yes

£1,192.97

£1,156.11

-£36.86

Flow Energy Thames Fixed Online September 2015

Yes

£1,010.07

£1,010.07

£0

*Based on dual fuel payment by monthly direct debit averaged across all UK regions and for households with an annual energy usage of 13,500kWh has and 3,200kWh electricity.

Even though half of the tariffs ending in August will see household energy prices increase significantly, some will actually see a reduction due to providers cutting their standard tariffs.

Households on the British Gas Fix & Control Aug 2015 and Fix & Reward August 2015 tariffs or the Sainsbury’s Energy Fix & Reward August 2015 will see their bill drop by an average of £58.06. That’s a decent saving, but you could stand to save far more by switching to a cheaper energy deal online.

Read more at How to switch your energy supplier.

The cheapest deals right now

Not sure who to move to? Check out the top 10 cheapest offers on the market right now:

Energy supplier

Tariff

Type of tariff

Average annual cost*

GB Energy Supply

Premium Energy Saver

Variable

£870

First Utility

The Big Deal October 2016

Fixed

£885.49

Extra Energy

Fresh Fixed Price Nov 2016 v2

Fixed

£893

SSE

1 Year Fixed (Paperless)

Fixed

£898.86

SSE

1 Year Fixed (Paper)

Fixed

£910.89

Extra Energy

Clear Fixed Price Nov 2016 v1

Fixed

£913

Green Star Energy

Rate Saver 12 Month Fixed 2508

Fixed

£913

Ovo Energy

Better Energy Fixed (Online)

Fixed

£918

Green Star Energy

Rate Saver 12 Month Fixed 1508 Plus

Fixed

£920

First Utility  iSave Fixed October 2016 Fixed £929.49

*Dual fuel tariffs based on 3,200kWh of electricity and 13,500kWh of gas, paid monthly by direct debit including VAT

Source: loveMONEY energy centre

If you’re on a tariff which is close to ending, it’s time to get switching. Why not go to the loveMONEY energy comparison centre to get started? 

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