Energy consumers have to keep close track of the continual rise in energy prices, there best choice is to look at fixing costs in for a longer period as prices are only going one of the ways
This year the big six suppliers have advised the will try and control the price rises this year but cant promise by how much they can keep them down.
Julian Morgan, managing overseer of the Energy Advice Line, the UK’s leading price comparison, changing and advice service for electricity consumers, said fixed-term energy deals offered peace of mind at a time of price uncertainness.
Many people needs to be thinking about the winter heat prices now though it appears like you don’t need your heating remember you will do. Prices now will be cheaper than if the bitter winter hits. Remember lots of houses will choose to go without heating at some point this year.
“ the best way forward i can provide you with is not to wait till the cold hits to sort this out) there are so many good deals on the market currently that will protect you against the future hikes.
“ most notably you will be able to put this to the back of your mind and not worry about the rates your playing.”
“There are electrical energy deals out there for as long as three years you could be crazy not to be looking at them. Even if you leave the premises after 2 years you don’t need to pay the rest of the contract its ideal for you...”
“Suppliers do make it difficult for consumers to compare prices or seek out the best deals because there are so many different tariffs and energy products on the market,” Mr Morgan said.
“Saving money and achieving peace of mind over the winter is as simple as going online.”
“Most energy consumers simply don’t trouble seeking out the best deals and switching suppliers. Given which it’s the best way of spending less on your fuel bills, it just doesn’t make sense.”
British Gas parent company, Centrica, which usually hiked prices by 6% last November, reported a 9% boost in profits during the first 6 months of the year for its complete business comprising power generation and provide
Profits in the residential arm of British Gas rose 3% as a result of gas consumption being 13% higher per customer due to the extremely cold weather.
The big six supplier recorded large profits last year while at the same time putting about £80 to our home bill every year,