Households could see annual bills rise by nearly £200 if they don’t act fast!
There are 14 energy tariffs set to expire at the end of November.
British Gas, Extra Energy, First Utility, iSupply, npower, Sainsbury’s Energy and Scottish Power all have deals that will finish on Monday 30th.
Those that don’t act now will be moved onto the provider’s standard tariff, which is typically much more expensive.
The tariffs about to expire
Here are the 11 fixed tariffs due to expire on Monday 30th November.
The table below shows how much bills could go up by once a household reverts to the provider’s standard tariff.
|
Tariff about to expire |
Dual fuel? |
Average annual cost of deal |
Average annual cost of supplier’s standard tariff |
Difference in annual cost |
|
Extra Energy Fresh Fixed Price November 2015 v3 |
Yes |
£931.02 |
£1,129.51 |
£198.49 |
|
Extra Energy Fresh Fixed Price November 2015 v2 |
Yes |
£938.65 |
£1,129.51 |
£190.86 |
|
Extra Energy Fresh Fixed Price November 2015 v1 |
Yes |
£942.27 |
£1,129.51 |
£187.24 |
|
Extra Energy Fresh Fixed Price October 2015 v2 |
Yes |
£943.43 |
£1,129.51 |
£186.08 |
|
Extra Energy Bright Fixed Price November 2015 v1 |
Yes |
£967.14 |
£1,129.51 |
£162.37 |
|
Npower Online Price Fix November 2015 |
Yes |
£953.40 |
£1,109.65 |
£156.25 |
|
First Utility iSave Fixed v35 November 2015 |
Yes |
£932.13 |
£1,084.26 |
£152.13 |
|
Sainsbury’s Energy Fixed Price November 2015 |
Yes |
£957.93 |
£1,100.92 |
£142.99 |
|
First Utility iSave Fixed v30 October 2015 |
Yes |
£944.99 |
£1,084.26 |
£139.27 |
|
Scottish Power Online Fixed Price Energy November 2015 |
Yes |
£1,000.06 |
£1,113.25 |
£113.19 |
|
British Gas Fixed Price November 2015 |
Yes |
£1,021.80 |
£1,100.92 |
£79.12 |
|
iSupply Energy iFix (pre-19th September 2015) |
No |
£436.48* |
£496.79* |
£60.31 |
|
iSupply Energy iFix (pre-21st Nov 2014) |
No |
£437.45* |
£496.79* |
£59.34 |
Based on dual fuel payment by monthly direct debit averaged across all UK regions and for households with an annual energy usage of 12,500kWh has and 3,100kWh electricity.
*Based on single fuel payment by monthly direct debit averaged across all UK regions and for households with an annual energy usage of 3,100kWh electricity.
[SPOTLIGHT]As you can see all 14 tariffs about to expire will leave households in a worse position financially if they allow their tariff to roll onto their suppliers’ standard tariff.
The worst bill shock will be for those on the Extra Energy Fresh Fixed Price November 2015 v3, who will see their bills rocket by an average of £198.49 a year if they don’t make a move.
We are giving away £100 every day in November! Enter the competition today
The cheapest deals to switch to
If your tariff is set to expire at the end of November or even in the next few months, you could save by switching to a cheaper deal.
Here are the 10 cheapest dual fuel energy tariffs available now that you could move to.
|
Energy supplier |
Tariff name |
Average UK price* |
|
GB Energy Supply |
Premium Energy Saver |
£799 |
|
Extra Energy |
Fresh Fixed Price December 2016 v7 |
£822 |
|
Go Effortless |
Domestic Energy November 2015 v1 |
£822.73 |
|
First Utility |
iSave Fixed December 2016 v5 |
£832.49 |
|
Extra Energy |
Clear Fixed Price December 2016 v4 |
£836 |
|
GnERGY |
Fixed November 2016 v1 |
£848.72 |
|
Green Star Energy |
Rate Saver 12m Fixed 1511 |
£849 |
|
Ovo Energy |
Better Energy Fixed (Online) |
£857 |
|
Extra Energy |
Bright Fixed Price December 2016 v4 |
£858 |
|
First Utility |
You First December 2016 v2 |
£861.65 |
Source: loveMONEY energy centre
*Based on dual fuel payment by monthly direct debit averaged across all UK regions and for households with an annual energy usage of 12,500kWh has and 3,100kWh electricity.
See how much you can save by heading over to the loveMONEY gas and electricity comparison centre.
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