More than a quarter of a million households face soaring energy bills if they do not switch tariff soon, new research has revealed.
Some 167 fixed tariffs end this month which will see customers automatically switched onto more expensive default deals if they do not switch tariff or provider when their plan comes to an end.
The average increase to energy bills is £67 per household with the average annual cost of a fixed rate energy tariff ending in February coming in at £918, according to Compare the Market.
If customers do not switch when their fixed tariff ends, energy companies are set to benefit from a huge inertia windfall .
One New Year s resolution some people will have in 2021 is to be become more environmentally friendly.
While this will no doubt include recycling more and using tote bags instead of plastic alternatives, consumers can also make a huge difference to the planet by going green with their money, according to consumer group Which?
How you spend your cash and where you keep it often has a direct impact on the environment whether you re paying your monthly bills or paying into your pension.
There are a number of steps consumers can follow to be more green with their money in 2021
This could be due to unwittingly funding everything from the development of renewable energy to the extraction of fossil fuels.