Subscribe to The Money StopNews Feed

Browse > Home / News, News-Banking / Latest energy hike provides ‘green light to switch’

Latest energy hike provides ‘green light to switch’

March 26, 2008 by admin  
Filed under News, News-Banking

Leave a Comment

With the last of the big energy suppliers announcing an increase in its premiums consumers now have the “green light to switch” providers, one financial expert has claimed.

Money advisers Which? stated that spenders ensure they have the when it comes to their mobile phone tariff and this should be no different for their energy bills.

Scottish and Southern Energy announced last week that its prices for electricity customers will rise by 14.2 per cent on average.

Siobhan Parker of Which? said that this latest price increase is the “green light to switch”.

“Everyone’s feeling the post-budget pinch and making sure you’re getting the best deal for your home energy is a smart and easy way to take some of the pressure off,” she continued.

Which? said that customers should use their buying power to show they mean business, and switch to a cheaper supplier.

Meanwhile, Scottish and Southern Energy increases mean that prices for gas customers will increase by 15.8 per cent.

Home energy bills have now smashed the £1,000 per year mark for many households.

Tags: southern energy, Everyone, business, pinch, energy, best deal

Tags:

Related Entries

  • ‘Whole range’ of green mortgage options
    • Borrowers have been advised that there are many approaches to finding a "green" mortgage.The Co-operative Bank has said the there is no specific framework for a green mortgage, but that options vary from lender to
  • Energy customers could pay price for leaving fixed rate deal
    • Over the past couple of years many energy customers in the UK have decided to opt for a fixed price deal with their energy firm in the hope of avoiding soaring energy costs. These fixed
  • Consumers warned over door to door energy sales people
    • Consumers are being warned to watch out for door to door sales people that call around trying to get them to switch their gas and electricity suppliers. According to officials this is not the way
  • Green insurance on offer from M&S
    • High Street giant Mars & Spencer has branched out into a number of different areas over the years, including financial services and insurance. It has been reported recently that those thinking of taking out cover
  • Brits plan to spend £13bn on home green improvements
    • Homeowners in Britain are planning to spend £13 billion on improvements to their properties claims new research. The findings from the Co-operative Bank have shown that a number of consumers have already begun to instigate
  • Rate of consumers switching reaches 5.1m
    • Energy customers went in search of cheaper deals last year with figures for switching showing over five million customers changed their gas and electricity suppliers, new figures show. According to Ofgem, this is the
  • Energy salesmen preying on vulnerable customers
    • It has been reported that in the run up to the winter, when many households and consumers may be concerned about their energy bills, unscrupulous energy salesmen may be preying on vulnerable consumers. Whilst regulators
  • Co-op: green products not necessarily more popular
    • So-called "green" financial services are not bought if the quality of the product is unacceptable, the Co-operative Bank said today.A spokesperson for the bank said that the consumer "does not want to sacrifice anything in

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!