Cardiff, (PRWEB) December 17, 2009
Gareth Kloet, Head of Energy Prices at Confused.com comments on a new tariff from npower - Sign Online 17:
"Competition is still strong in the energy sector and, following hot on the heels of the introduction of the British Gas Websaver 5 tariff last week, this new tariff from npower has burst to the top of the best tables with a price of £907 per annum for the average dual fuel customer.*
Once again this illustrates the great savings that can be made by those who shop around and make use of online tariffs. Those on the average standard tariff, paying by cash and cheque on receipt of the bill could save as much as £455 by switching to the npower Sign Online 17 tariff and paying by direct debit**, depending on where in the country they live.
It's great to see another significant price cut from one of the 'big 6' following the recent Ofgem report highlighting that the gap between wholesale and retail prices is larger than ever. Hopefully this trend will continue.
Whilst this is a variable tracker tariff, guaranteed to be at least 2% below npower's standard tariff, there is a £20 cancellation fee, per fuel, if you switch before 31st March 2011.
Whilst best buy tables provide a good indication of the market as a whole, it's important they are used in tandem with a Consumer Focus accredited energy price comparison site, such as Confused.com, to make sure customers get the most appropriate tariff for their circumstances."
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
Notes to editors
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 £207* 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.
*50% of customers who switched gas and electricity (dual fuel) with Confused.com between January and June 2009 saved on average £207.58
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