Cardiff, UK (PRWEB) March 24, 2010
There's a shock in store for some fixed price customers as six tariffs from big name providers, some from as far back as 2006, come to an end over the next couple of months - potentially exposing them to higher rates.
Millions of households committed themselves to fixed rates in the face of massive hikes in electricity and gas prices during 2008 but with an online price war raging, now is definitely the time to review what to do next.
Gareth Kloet, head of utilities at Confused.com says "It is absolutely vital that customers do not allow themselves to be automatically switched to their provider's standard tariff, which is what will happen if they do nothing. The end of an existing fixed rate does not necessarily mean a bill increase if customers shop around for the best deals, as now, more than ever before, there are new competitive deals coming up every week.
"Customers need to shop around to find the most appropriate tariff currently available. Apathy does not pay when it comes to getting the best deal on energy prices, with suppliers rewarding customers who go online and actively seek out the savings. The most suitable tariff will depend on your unique circumstances and the type of tariff you are looking for.
"As a general rule, however, opting to take both gas and electric from a single provider, opting for an online tariff and paying by direct debit will yield the maximum savings - which are often not available without going online or using a Consumer focus accredited energy price comparison website such as Confused.com.
For further information please contact:
02920 434 398
Head of utilities
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 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.