Comparing electricity prices may be crucial as hikes hit

Between 1 January 2020 and 30 June 2020, people who switched energy supplier for both gas & electricity with Uswitch saved an average of £387.

Comparing electricity tariffs via a site such as UK Power may be a shrewd move by UK homeowners this winter, as one newspaper suggests prices are set to rise.

According to a report by the Daily Mirror, power suppliers are set to charge a total of £13 billion more during the country's coldest months as Britons bid to keep their properties warm and well lit.

Indeed, Scottish and Southern Energy has already become the first provider to announce it is implementing a price hike.

The firm's 9.3 per cent increase will add £67 to the average energy bill, the newspaper explains, with many observers now waiting to see whether other large companies will follow suit.

If more do, comparing electricity online may be one way to ensure a household is enjoying the cheapest bills it possibly can.

However, a recent study by JD Power and Associates suggested consumer satisfaction with energy suppliers in the UK grew over the last year.

Posted by Jim Tidy

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.