Richard Neudegg, director of regulation at Uswitch.com, comments: “Predictions that energy prices for those still on default tariffs will rise again in January are another kick in the teeth for households.
“This price hike would mean the average household on a standard variable tariff would pay 1% more on their rates from January, just at the time when households typically use the most energy.
“The price cap is supposed to protect consumers, but millions face paying more during the coldest months of the year.
“There are now a range of fixed deals available that are significantly cheaper than the predicted price cap for January, so it is well worth running a comparison to see how much you could save. Right now, the average household could save up to £120 per year against the current price cap by switching to a fixed deal[1].
“Consumers who are worried about paying their energy bill should check what energy help they are eligible for, and contact their supplier who may be able to offer support.”
For more information
Beverley Noble | Energy PR Manager
beverley.noble@rvu.co.uk
Twitter: @UswitchPR
Notes to editors
1. Cheapest 12-month fix is Outfox the Market’s Fix'd Dual Nov24 v1.0 tariff, costing £1,597 a year for typical consumption. Prices correct as of 7:00am on 18 November 2024.
About Uswitch
Uswitch is one of the UK’s top comparison websites for home services switching, including energy, broadband and mobiles.
More people go to Uswitch to find their energy, broadband and mobile deals than any other site, and we have saved consumers over £2.7 billion off their bills since we launched in September 2000.
Free mobile app Utrack also helps households manage their home energy usage and make potential savings.
Uswitch is part of RVU, a group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.