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Martin Lewis issues urgent energy deal fix warning
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Martin Lewis energy deal fix alert for EDF, British Gas, E on, Octopus, Sainsbury s and Outfox the Market
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Aus dem Bildarchiv der Winterthurer Bibliotheken – Blasmusik fürs Vaterland
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There’s no denying that potential energy cost savings are small at the moment. But don’t let that put you off switching to a cheaper deal if you’re on an out-of-contract tariff.
Last March, customers could have saved more than £300 per year by switching gas and electricity deal. Currently, the biggest saving for an equivalent home is £139.
Savings look smaller because the price cap on standard (or out-of-contract) energy deals is around £100 lower than it was a year ago. But deals also aren’t as cheap.
However, if your tariff is ending, or you aren’t on a fixed tariff, you should find the best deal you can, or risk a price rise from 1 April when the new price cap in introduced.