Households on a range of fixed energy deals coming to an end in June risk a price hike of up to £173 a year, according to Uswitch.com, the independent price comparison and switching service.
Several deals expire on 30th June, meaning that some customers could be automatically rolled over to their supplier’s standard plan – costing an average of £115 more. By taking action now to switch to a new tariff, households can continue saving on their energy bills.
Claire Osborne, energy expert at Uswitch.com, says: “Fixed deals tend to be highly competitive, give consumers certainty about what they pay and protect against any unexpected price hikes. But, if they don’t take action now, customers on deals ending this month could get an unwelcome shock when they open their next energy bill.
“These consumers still have time to switch to a new tariff. It’s also useful to know that any early exit fees on these plans no longer apply, so there’s every reason to shop around, switch and avoid being stung.”
Fixed energy plans coming to an end in June 2016
| Supplier | Plan | End date | Average price | Rollover plan name | Rollover plan price increase | ||
|---|---|---|---|---|---|---|---|
| ScottishPower | Online Fixed Price Energy June 2016 | 30/06/2016 | £897 | Online Standard | £173 | ||
| npower | Fixed Energy June 2016 | 30/06/2016 | £910 | Standard SC | £168 | ||
| EDF Energy | Blue+Price Promise June 2016 | 30/06/2016 | £921 | Standard (Variable) | £148 | ||
| Sainsbury’s Energy | Fixed Price June 2016 | 30/06/2016 | £903 | Standard | £141 | ||
| Sainsbury’s Energy | Price Promise June 2016 | 30/06/2016 | £947 | Standard | £97 | ||
| GnERGY | GnERGY Fixed June 2016 v1 | 30/06/2016 | £871 | GnERGY Online | £80 | ||
| Sainsbury’s Energy | Price Freeze June 2016 | 30/06/2016 | £964 | Standard | £80 | ||
| npower | Price Fix June 2016 | 30/06/2016 | £1,049 | Standard SC | £29 |
Source: Uswitch.com. Prices based on average energy consumption.
Best buy dual fuel energy deals paying by Direct Debit
| Supplier | Tariff | Average price | Type | |||
|---|---|---|---|---|---|---|
| 1 | IRESA | IRESA Flex 1 12month Fixed Direct Debit | £734 | Fixed | ||
| 2 | GB Energy | Fixed 12 Topaz | £735 | Fixed | ||
| 3 | Avro Energy | Simple and Surge | £737 | Fixed | ||
| 4 | British Gas | Uswitch HomeEnergy Exclusive Jun 2017 | £749 | Fixed | ||
| 5 | Sainsbury’s Energy | SE Fixed Price June 2017 | £750 | Fixed | ||
| 6 | So Energy | So Duck | £750 | Fixed | ||
| 7 | GnERGY | GnERGY Fixed June 2017 | £751 | Fixed | ||
| 8 | Flow Energy | Connect 7 | £752 | Fixed | ||
| 9 | Octopus Energy | Octopus Variable | £762 | Variable | ||
| 10 | Extra Energy | Fresh Fixed Price Oct 2017 v1 | £770 | Fixed |
Source: Uswitch.com as at 14th June 2016. Prices based on average energy consumption.
FOR MORE INFORMATION
Jason Wakeford
Phone: 0203 872 5612
Email: jason.wakeford@uswitch.com
Twitter: @UswitchPR
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