Eight energy tariffs ending in August: switch now!

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.

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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