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Sorry to be talking about Autumn so soon, but we have had a pretty poor summer, and we need to start thinking about the best deals on our heating this winter…
ENERGY SAVING TIPS:
“After the record-breaking British Gas price increase, more energy providers are expected to hike their gas and electricity prices in the coming weeks…”
A couple of weeks after British Gas’s record-breaking price increase which saw gas prices sky rocket by 35%, industry experts are predicting more increases to come.
EDF Energy has already increased its prices by 22% for gas and 17% for electricity. NPower, Scottish Power, Eon and Scottish & Southern Energy are all expected to announce increases of their own, possibly within the next few days, leaving consumers scrambling to find the best deals.
But it’s tough - most consumers are caught in a catch-22 situation. Looking for a fixed rate to give yourself protection against further prices increases, but with the average fixed price tariff costing about £1,200 compared to the average variable rate deal of roughly £850, lots of people are holding off making a decision…
With rumours that energy prices could increase by 60% over the next few years the emphasis is on the consumer to search for the best deals and do everything they can to drive their energy costs down.