Comparing electricity tariffs online may be only way to beat price hikes

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With another energy provider instigating a hike in prices ahead of the winter, householders may find comparing electricity tariffs on the internet is the best way to ensure they are not out of pocket.

Responding to Scottish Power's decision to increase its gas charges by two per cent and its electricity prices by 8.9 per cent, Consumer Focus's head of energy Audrey Gallacher warned many people will be in "dismay".

"This latest round of price rises will heap yet more fuel onto the fire of distrust that consumers feel towards energy suppliers," she noted.

The expert also went on to highlight the low wholesale cost of energy, which she suggested means an increase in tariffs is unreasonable.

One way to overcome this could be to compare electricity online in order to ensure a home is on the cheapest possible deal.

The European Commission recently found European residents could save a total of more than £11 billion if they switched to the most favourable tariffs.

Posted by Anne Yevel

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