Energy prices have gone up for millions of customers after the energy regulator, Ofgem, revised the level of the energy price cap.
The move will add £117 a year on to the cost of standard variable tariff for an average* customer, taking prices from £1,137 to £1,254 and came into effect today.
If you are currently on your suppliers’ standard variable tariff, then your energy prices have likely gone up today. All the “Big Six” British Gas, EDF, E.ON, Npower, ScottishPower and SSE increased energy prices for their customers by more than 10%.
There was some good news for the customers of Breeze Energy, Bulb, Igloo and Outfox the Market as they have decreased their energy prices.
How to avoid the energy price hike
If you are currently on a standard variable tariff or deemed tariff with your energy supplier, then you are paying too much.
Energylinx offers a free and impartial comparison and switching. You can compare energy suppliers online or by calling 0800 849 7077 and speaking to one of our energy advisors who will be able to help you find a cheaper deal. We are open Monday to Friday 09:00 to 18:00 and on a Saturday 09:00 to 15:00.
*An average energy user uses 3,100 kWhs for electricity and 12,000 kWhs for gas – as per Ofgem averages.