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Households to be hit with £152 increase in energy bills at the end of April

18 April 2016

17 fixed tariffs end on 30 April, which will see price jumps of 16.34% if families don't shop around

  • 17 fixed dual fuel tariffs expire on Saturday 30 April
  • 11 of the expiring tariffs will result in higher bills if customers are rolled onto their suppliers' variable tariffs.
  • Co-operative Energy, EDF Energy, Extra Energy, First:Utility, Sainsbury's Energy and Scottish Power all have tariffs coming to an end.
  • Scottish Power customers on the Online Fixed Saver April 2016 tariff will see the largest average UK rise of £219.57 (25.5%)**

Energy bills are set to jump up by £152 a year as several fixed deals come to an end at the end of the month, including tariffs from energy giants Scottish Power and EDF Energy.

Of the 17 tariffs coming to an end, 11 will result in customers being automatically switched to a standard variable tariff that is more expensive than the fixed deal they are currently on. Customers who fail to shop around for a new tariff before 30 April could be stung with an average rise of 16.34%, but this can be as much as 25.5% in some cases.

Scottish Power customers on the Online Fixed Saver April 2016 tariffwill see the biggest average increase in the UK, with rises of £219.57(25.5%) to their annual energy bills if they are rolled onto Scottish Power’sstandard variabletariff at the end of the month.

In some cases, there are instances where the fixed deal a customer is currently on is more expensive than their supplier’s standard variable tariff. This means that when their fixed deal expires, they will actually see a reduction in their annual energy bill. However, on average customers on these tariffs will only see a 3.1%(£32.78) drop in their energy costs, which is paltry compared to the £207*** they could save by switching provider.

Ben Wilson, energy spokesperson at Gocompare.com, said: “The spring time, and the warmer weather that comes with it, tends to be the time of the year where people start switching off their heating and stop thinking about their energy bills.

“While it’s easy to put your energy usage to the back of your mind when it’s at its lowest, not keeping on top of when your fixed tariff expires can be a costly mistake, with an average rise of £152 at the end of the month.

“You don’t need to be energy expert to switch supplier, or even know exactly how much you use each month and it only takes a few minutes online to see if you could get a better deal on your energy. On average, people who switch supplier could save up to £207 a year, which could pay for a long weekend to escape the April showers.”

Impact of tariffs coming to an end on Saturday 30 April (based on a medium user - 3,100 kWh of electricity and 12,500 kWh of gas per year – paying by monthly direct debit and averaged across all UK regions):

Supplier

Tariff coming to an end

End

Date

Dual fuel?

Annual

cost

Annual cost of standard tariff

Difference

(£ and %)

Co-operative Energy

Fixed Price April 2016

30/04/16

Yes

£995.73

£1,089

£93.27 (9.37%)

Co-operative Energy

Fixed Price April 2016 Paper Billing

30/04/16

Yes

£995.73

£1,089

£93.27 (9.37%)

Co-operative Energy

Fixed Price April 2016 v2 Paper Billing

30/04/16

Yes

£949.17

£1,089

£139.84 (14.73%)

Co-operative Energy

Fixed Price April 2016 v2

30/04/16

Yes

£949.17

£1,089

£139.84 (14.73%)

EDF Energy

Blue+ Price Promise April 2016

30/04/16

Yes

£991.50

£1,069.31

£77.80 (7.85%)

Extra Energy

Variable Price v1

30/04/16

Yes

£886.29

£1,129.51

£243.22 (27.44%)

First:Utility

iSave Fixed v16 April 2016

30/04/16

Yes

£1,055.69

 

£1,046.70

 

-£8.99 (-0.85%)

First:Utility

iSave Fixed April 2016

30/04/16

Yes

£877.59

 

£1,046.70

 

£169.11 (19.27%)

Npower

Online Price Fix April 2016

30/04/16

Yes

£1,102.25

 

£1,077.25

 

-£25.00 (-2.27%)

Npower

Fixed Energy Online April 2016

30/04/16

Yes

£916.21

 

£1,077.25

 

£161.04 (17.58%)

Sainsbury's Energy

Fixed Price April 2016

 

30/04/16

Yes

£1,084.38

 

£1,044.11

 

-£40.28 (-3.86%)

Sainsbury's Energy

Fix & Reward April 2016

 

30/04/16

Yes

£1,051.02

 

£1,044.11

 

-£6.91 (-0.66%)

Sainsbury's Energy

SE Fixed Price April 2016

 

30/04/16

Yes

£887.51

 

£1,044.11

 

£156.60 (15.0%)

Scottish Power

 

Fixed Price Energy April 2016

 

30/04/16

Yes

£1,143.57

 

£1,080.57

 

-£63.00 (-5.51%)

Scottish Power

 

Fixed Price Energy April 2016 Online

 

30/04/16

Yes

£1,133.07

 

£1,080.57

 

-£52.50 (-4.63%)

Scottish Power

 

Online Fixed Price Energy April 2016

 

30/04/16

Yes

£904.43

 

£1,080.57

 

£176.14 (19.48%)

Scottish Power

 

Online Fixed Saver April 2016

 

30/04/16

Yes

£861.01

 

£1,080.57

 

£219.57 (25.50%)



Top ten cheapest dual fuel tariffs

Supplier

Tariff

Tariff Type

Annual cost

Early exit fees

SSE

1 Year Fixed v6

Fixed

£745

£30 per fuel

Avro Energy

Simple and Fix

Fixed

£749

None

GnERGY

Fixed June 2017

Fixed

£751

£25 per fuel

Places for People Energy

Together - September 2017 - fixed 32

Fixed

£752

£30 per fuel

Flow Energy

Connect 6

Fixed

£752

£30 per fuel

So Energy

So Crocodile

Fixed

£754

£5 per fuel

GB Energy Supply

Fixed 12 Ruby

Fixed

£755

None

Octopus Energy

Octopus Fixed 3M

Fixed

£763

None

Octopus Energy

Octopus Variable

Variable

£763

None

GB Energy Supply

Premium Energy Saver

Variable

£765

None



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 gas and 3,100kWh electricity (medium user). Correct as of 18/04/2016. Excludes collective tariffs.

- ENDS -

Notes to editors:

*Average increase across all UK regions and across all tariffs coming to an end on 30 April 2016 where the standard tariff is more expensive than the fixed deal is £152 (rounded) 16.34%

** Based on a medium user – 3,100 kWh of electricity and 12,500 kWh of gas per year – paying by monthly direct debit. Customers on the     Scottish Power customers on the Online Fixed Saver April 2016 tariff which has an average annual cost of £861.01 will see the largest average UK rise of £219.57 (25.5%) when they are rolled on to Scottish Power £1,080.57.

***Based on Gocompare.com data. At least 51% of customers who received a price for switching energy supplier for both gas and electricity with Gocompare.com saved £207 from 01 October - 31 December 2015