105 Fixed Rate Energy Tariffs Ending In Q1

By January 16, 2018 No Comments

It’s no secret these days that shopping around for your energy supplier can save you a pretty penny indeed – but even though it’s a well-known fact that you can reduce your bills in this way, lots of people have still never switched companies. Rolling over from a fixed rate tariff onto a standard one can really see your bills increase quite dramatically – so a good new year’s resolution could be to take more responsibility for your household bills.

New research from comparethemarket.com has just revealed that 105 fixed rate tariffs are ending in the first three months of this year, with average hikes in energy bills predicted to be £192 per household as a result.

Householders who are due to see their tariffs come to an end next month will see the biggest increases in energy costs. What’s more, February is also the month where the highest number of people will be affected by these tariffs ending, with 96,000 households likely to be switched over to the more expensive default tariffs if they fail to take action now.

Head of energy with the price comparison site Peter Earl commented: “A £200 hike in energy costs could be highly damaging to the finances of many households and is easily avoidable. Despite continued talk of a price cap and initiatives such as the Winter Fuel Allowance, ensuring that you are on a competitively priced, fixed rate tariff remains the most effective way to keep energy bills as low as possible.”

Just last week, chief executive of Citizens Advice Gillian Guy noted that there are still too many loyal people out there who are being ripped off just because they don’t switch suppliers… and the charity’s own research shows that it’s often those on lower incomes and pensioners who are actually the least likely to move suppliers. So it seems it’s typically the consumers who can least afford to pay that find themselves stuck on more expensive default tariffs.

Looking around your house to see if there are any home improvements you could make to help keep your energy bills low is also a good idea. Timber windows, for example, are a better insulator than others out there on the market because wood is relatively dense… and therefore better at keeping the heat in where it belongs than other materials like uPVC.

Double and triple glazing is also a must if you’re keen to really make sure your windows are properly insulated and your house stays nice and cosy. Look out for timber frames that have an aluminium external cladding included on them as well, as this will help to protect the wood from damp.

You may have to splash out a bit on the initial installation or upgrade, but your new windows will really start paying for themselves in next to no time, so they are a good investment to make.

For sash windows in West Sussex, get in touch with us today.