Householders with fixed energy price plans 'could see bills rise'

24/02/2010

Householders who are currently on a fixed or capped energy price deal could see their bills rise sharply in the next few months, a price comparison site has warned.

According to uSwitch.com, there are currently 4.6 million people on this type of plan in the UK who could see their bills rise by around £250 a year if their fixed rate plans come to an end in late March.

The potential rise in costs is due to the increase in energy prices since 2006 when many of the plans were capped, the site warns.

It advises customers to check their energy plan and ensure they look at all the available competitive plans before they sign up for their next one.

Another way in which householders can significantly reduce their energy bills is by installing insulation.

According to the Energy Saving Trust, fitting cavity wall insulation can save the average household around £115 a year on heating bills. Loft insulation could save up to £150 per year.

To arrange a FREE, no-obligation survey by an specialist insulation surveyor, call the Snug as a Bug help line on 0845 602 4696.