Although energy prices may not be the first thing that comes to mind when the sun is out, it should be. Energy companies know that you’ll be out enjoying the rare glimpse of summer and use this time to remove the cheapest energy tariffs in the market, facing you will a dramatic bill hike.
If you’ve switched before you need to get into the habit of switching every time your tariff ends or you could be placed on a standard rate – the highest rate there is. At midnight yesterday; EDF, npower, Scottish Power, First Utility and Isupply all ended their tariffs making some bills rise by an average of 9.2 percent but some have been left facing a 22 percent hike.
You should receive a price increase notification letter in the post which lets you know you're about to be rolled onto a much more costly energy plan. The good news is this means you can switch your supplier without facing a termination fee. Take a look to see if your tariff is about to expire anytime in the next 2 months.
Save up to £200 which could be put to better use - like ice cream.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.