More people than ever are being tempted by a switch from the big energy companies to their smaller independent competitors. This inference follows the release of a survey by consumer group, ‘Which?’, to find the best energy firms in Britain. It has found the “big six” suppliers to be among the worst providers of energy for customer satisfaction.
Households are set to see their annual energy bills leap by £240 by 2020, as the cost of implementing green technologies trickles down to consumers.
Falling UK gas and electricity reserves could send consumers’ energy bills soaring in the coming years, according to forecasts set to be released by Ofgem.
Npower has announced that it is to increase its tariffs in response to an increase in the wholesale price, adding as much as £133 to an average gas and electricity bill. It is the fifth company to announce an increase, putting more pressure on cash-strapped families.
A spike in visits to price comparison sites and to energy suppliers in the wake of British Gas and Scottish Power announcing a big increase in gas and electricity prices shows quite how savvy we’ve become when it comes to budgeting.