Gas and electricity prices went up by a whopping 42% in 2008, meaning that the average household had an extra £381 to pay. The good news is that prices have now been dropped – not by as much as they increased in 2008, but by a significant amount nonetheless.
The new tariffs will come into effect from 31 March 2009, meaning that you can take advantage and change your energy supplier now to maximum effect.
All the big energy suppliers have dropped their prices, so it’s the perfect time to go shopping for the best price. npower, the latest and last of the big energy companies to announce a price drop, have lowered electricity prices by 8%, saving the average household £36.
But not only might switching energy supplier save you money, it could also shrink your carbon footprint. Eco-friendly electricity is now competitively priced, and it’s easy to do your bit for the environment by making use of suppliers like Ecotricity and Green Energy UK.
There has never been a better time to switch energy supplier. Price comparison websites like USwitch.com are a great way to compare prices and take advantage of the recent price drops.
The comparison process is quick and easy. By taking an estimate of your energy usage based on the size of your household, market prices in your area can be compared for everything from utilities to finance, communications and insurance.
Also, if you switch before 6 April 2009, you will be entered into USwitch.com’s Six Nations prize draw and may win a year’s free electricity and tickets to the Six Nations in 2010.