More than 11 million households are set for an energy price rise in April 2019. That means over half of all households in Britain will see an increase in the cost of their gas and electricity bills.
We want to ensure our members are protected from an increase in energy costs and urge those on a standard variable tariff to switch energy suppliers before April 1st 2019.
How much will energy bills increase by?
The energy regulator Ofgem, have introduced a price cap in response to the higher wholesale energy costs supplier’s are facing.
Once the price increase comes into play, customers on default standard variable tariffs will typically pay an extra £117 per year. Customers on pre-payment plans will see the price cap increased by £106 per year.
The term ‘price cap’ suggests protection against an increase in your bill prices. It is Ofgem’s role to provide a fair deal to consumers, however this does not mean you are necessarily getting the best deal on the market.
Bill prices are ‘capped’ but are nevertheless increasing to reach that new cap level. Ofgem assert that: ‘households could save more money by switching’.
In response to this twice yearly assessment of energy from Ofgem, we have set up Energy Switch. This service is exclusively for our members. It can help to ensure that you are getting the best energy deal on the market.
How can I protect myself from the energy price rise?
If you’ve never switched energy providers before, it couldn’t be easier. Simply find an old bill that shows your projected or actual usage. Click on the deal and follow through the instructions to enter your postcode and current supplier.
Once you’ve inputted details about your current supplier, run the comparison and choose the right deal for you. Then simply switch and start saving!
Once you’ve switched you don’t need to tell your existing supplier. Just take meter readings on the date you switch and keep a safe record of them.
Don’t be an April Fool this year. Compare your energy in some simple steps and check how much you could be saving with Energy Switch.
*Our switching partner energyhelpline.com compares all publicly available energy tariffs under the OFGEM Confidence Code. 10% of customers switching their gas and electricity bills through services provided by our switching partner between 1st Feb 2016 and 16th Nov 2017 saved £537 or more. Survey of over 100,000 switches.
Membership is free for NHS and healthcare staff – sign up by clicking the banner below!