We need to get smarter at managing our finances, especially considering so many people now have access to the internet.
(PRWEB UK) 11 October 2013
Currently around 80% of households in the UK have access to the internet yet only 16% actively switch energy supplier. Does that mean the rest are happy to pay higher energy bills?
It may come as no surprise that one of the six energy giants is planning to increase their gas and electricity prices in November, affecting around 7 million customers. SSE announced their 8.2% price increase which is expected to add a further £111 to household bills; attributing it to the increase in buying and delivering energy.
Having championed the value of regularly comparing and actively switching energy suppliers, Over 50s specialist Over50choices is warning people that now is the time to consider fixing energy prices.
Company founder Ashley Shepherd is advising anyone with internet access to go online today and search out the best energy deal. Speaking of the price hike, Ashley said, “We need to get smarter at managing our finances, especially considering so many people now have access to the internet. I am astounded that millions of people are happy to sit back and let crippling fuel prices stretch already tight budgets; by doing nothing we are letting Energy Suppliers take the upper hand."
These days switching energy supplier is straightforward when using an accredited online comparison site like the one at Over50choices. In addition to providing quick access to all of the residential suppliers in the UK, consumers can often get cheaper energy deals online too.
Energy companies offer a range of tariffs that allow customers to select the one most suited to their needs. Given SSE’s impending price increase and the expectation that other major energy providers will follow suit; fixed tariffs that guarantee future energy prices, locking customers into a guaranteed annual price are becoming more appealing than ever.
Touching on the range of tariffs available, Ashley Shepherd warns that energy prices vary depending on usage and location, so although an energy supplier may appear to offer the best deal, personal quotes are essential to ensure the most suitable tariff is selected.
“If you’re considering a fixed tariff, the best deals won’t be around for long so act now. It’s also worth looking at fixes without exit fees which give you the freedom to change supplier at a future date without the worry of being penalised. If you prefer a variable tariff, it may be advisable to bide your time and watch the market as other Energy suppliers are almost certain to make price changes too in the not so distant future."
For more information on switching energy supplier, visit http://www.Over50choices.co.uk.