Wouldn’t it be nice if, occasionally, a good news story broke about Britain’s energy industry?
Seemingly every week another energy company announces a price rise, or another watchdog or politician makes a grand statement that they intend to ‘get tough’ on perceived misbehaviour from the cabal of gas and electricity companies, with little results for the long-suffering consumer.
With all of the big six energy companies announcing dirty great price rises over the past few weeks, you’d be forgiven for feeling a bit helpless to stop the onslaught. But all’s not lost.
Now might be the time to switch to a fixed tariff energy plan, which will effectively mean that the price of your energy will remain the same, for a certain length of time - usually 18 months.
While consumers usually have to pay a premium to switch to fixed price tariff, and online plans are often cheaper, they can offer more security than leaving yourself at the mercy of the energy companies. Of course, there’s also the possibility that prices could fall but on current form the likelihood of this happening is slim.
Jeremy Cryer, resident energy expert at Gocompare.com said: “If you’re a consumer who’s as exasperated as the rest of us at the price hiking-inclinations of the energy companies, then you could do a lot worse than having a butcher's at a fixed price plan. That way, you’ll be able to dodge any price rises in the near future. Let’s face it, the energy companies have plenty of ‘previous’ when it comes to doing this, so it might well be worthwhile.”
Now you’re here, you may as well give Gocompare.com’s gas and electricity comparison service a whirl. It'll allow you to quickly and easily compare utilities tariffs from a wide range of suppliers. How much could YOU save?