SSE launches cheapest energy plan

The ‘Big Six’ suppliers in the UK are “fighting back” as SSE launched a new energy deal, believed to be the cheapest on the market. According to price comparison site […]

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By Priyanka Shrestha

The ‘Big Six’ suppliers in the UK are “fighting back” as SSE launched a new energy deal, believed to be the cheapest on the market.

According to price comparison site uSwitch.com, SSE’s new ‘Discount Energy Bonus April 2015’ plan costs £1,134 a year, making it cheaper than First Utility’s ‘iSave v14’ at £1,150 a year. It is also £48 cheaper than EDF Energy’s ‘Blue + Price Promise’, which costs £1,182 a year but it is a fixed price plan and offers consumers protection until the end of June 2014.

Tom Lyon, energy expert at the site said: “Up until last year, consumers saw SSE as Britain’s best supplier, so this competitive new tariff could be the start of a concerted effort to win back a few hearts and minds. Whatever the reasons behind it, it’s good news to see a popular supplier making a comeback. It’s also good news for consumers as it means that they now have a better choice of competitive tariffs from suppliers both big and small alike. This is what competition is all about.

“However, consumers need to be aware that the 11% discount is only available until April 2014 – it then reduces to 2%. Fortunately though, there is no cancellation charge after this date so you’re not locked in should you choose to move away.”

The price comparison site’s ‘best buy energy plans’ table shows Scottish Power has the highest tariff at £1,195, followed by British Gas at £1,193. Earlier today ELN reported the biggest energy companies in the UK have been rated the worst for customer satisfaction according to a new survey by consumer group Which?.