The cost of energy bills will once again rise this winter, and now without the Government's support payment - but there is a way to save money
The cost of energy bills will once again rise this winter, and now without the Government’s support payment – but there is a way to save money
At the moment, most fixed deals offer a lower price than the standard variable rate – but this could change if energy prices drop Colder weather has set in across the UK over the last week, with temperatures plummeting in many parts of the country to below 10°C.will once again be high this winter, and without the support payment that was offered by the Government last year.
– fixed rates do not change over the course of a 12-month contract, and if the energy price drops, you could end up paying a higher rate than what is going on the market.If you want to be able to budget effectively for the winter months, a fixed rate allows you to do this since you know the rate you will be charged every time you turn the heating on.
Not every switch of tariff will automatically reduce your energy bill – some could increase it. It is important to check before you switch., for example, a time-of-use tariff could be the most efficient. These charge different rates at different hours of the day, with the peak rate often being during the day, and night being off-peak., where you receive one bill covering both gas and electricity. Since this means getting both services from the same supplier, they will often provide better deals.
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