Paying on Receipt of the Bill is CAC - Monthly Direct Debit Offers Huge Benefits Says Confused.com

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The energy price war continues.

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Shopping around to find the best tariff from the best provider is vital. By simply switching to an online tariff with your current provider you could save over £300 a year - but this could be even more if you spend a few minutes searching for the best tariff for your circumstances via a Consumer Focus accredited comparison site such as Confused.com

People are throwing money away by paying their energy bills with cash and cheque (CAC), says Confused.com. And with new entrants such as First:Utility continuing the energy prices war - online tariffs have now reached their lowest price so far in 2009.

Gareth Kloet, Head of Electricity and Gas Prices at Confused.com says "First:Utility introduced a new online tariff last week (iSave) to become the cheapest energy supplier in the market. For a standard consumer on a dual fuel tariff1 the annual cost would be just £967, if paid for by monthly direct debit. Challengers like First:Utility are excellent news for money savvy customers eager to bag the best value. Customers should vote with their feet against high energy costs and force the big six to review their prices".

Kloet adds "One of the simplest ways to save money is to set up a direct debit, otherwise you could be paying up to 15% a year more than necessary. And for those customers who would like to save even more, they could turn their back on the big six entirely, and instead choose a smaller provider.

"Shopping around to find the best tariff from the best provider is vital. By simply switching to an online tariff with your current provider you could save over £300 a year - but this could be even more if you spend a few minutes searching for the best tariff for your circumstances via a Consumer Focus accredited comparison site such as Confused.com"

Notes to editors
About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include car insurance, home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.

Confused.com has all of the 'big six' energy providers on its panel, customers can save £250* on their annual energy bill by switching with Confused.com

Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.

Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.

*Confused.com customers saved an average of £252.37 on their annual energy bill in 2008.

For further information please contact:
Press office, Confused.com: 02920 434 398
Gareth Kloet, Head of utilities, Confused.com: 02920 434 268 / 07966 722 063

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Victoria Leyton
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