Confused.com comments on rising energy prices

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Comparison site warns online energy 'sales' coming to an end

Online comparison site Confused.com is warning households that gas and electricity bills could be on their way up.

Energy provides are making many changes to tariffs signifying an end to a period of competitive tariffs and good fixed deals.

Lisa Greenfield, energy analyst at Confused.com, says: "It's depressing news for households as all signs suggest our gas and electricity bills are going to increase. Wholesale gas prices are rising and we're seeing the removal of some of the market's best deals and a possible move away from fixed tariffs, which is an ominous sign.

"With E.ON replacing its best fixed plan with a variable rate tariff, EDF increasing its prices and npower withdrawing its 'best buy', it looks as if the market has bottomed out and the energy 'sale' of 2010 has come to an end.

"Customers who want to protect themselves from rising energy prices should go online and take a fixed rate deal before they get withdrawn. There are still some competitively priced fixed deals available and customers should shop around via an accredited price comparison site to make sure they're getting the best deal for their circumstances."

For further information please contact:
Press Office, Confused.com 02920 434 398

About Confused.com:
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over two 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 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.

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