Evening everyone,
Article: Highest Energy Bills in 18 months as Costs Jump to £1,862 and Further increases predicted
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Warning: Avoid TRACKER tariffs - Tracker tariffs TRACK the price cap, so they will go up when energy prices rise!
I'm sure you've all seen the news today, our energy bills are increasing by 13.5% from July to September. The good news is that this is when we're using the least energy, the bad news is that it looks like there is a further, smaller increase coming in October-December which is when we all start thinking about switching on the heating again!
Uswitch have an exclusive tariff with Fuse Energy that offers a £232 saving on the July price cap, and is actually a few pound cheaper than today's price cap. If your deal is coming to a close soon, or you're already on a variable tariff, please click the link above and have a look at switching to a fixed rate today, it'll save you money in the long run.
The article above gives you more information on how the unit rates and standing charges will be impacted. Please give it a read.
I'm working on a consultation response at the moment, I'll get it out to you all in the next few days.
Thanks all,
Richard Winstone
The Regulator Guy.