UK households on default energy tariffs are urged to act now and secure cheaper energy deals.
According to Uswitch.com, rising wholesale prices are expected to push the April price cap 3% higher than January’s, making now the time to switch.
EDF’s 12-month tracker tariff offers a £100 discount compared to the cap, while fixed deals could save £110 annually.
February is a high energy use month, with 13% of gas and 10% of electricity consumed. Switching quickly could maximise savings before colder months end. Compare deals online to see your savings.
Will Owen, energy expert at Uswitch.com, said it was time to act: “When wholesale energy prices rise, the cost of deals on the market usually increases at the same rate.
So it’s unusual for such well-priced deals to be available and we believe that households may have a relatively short window of opportunity to grab one before they disappear.”
