With the news that ScottishPower is implementing "huge" price hikes for its gas and electricity customers, householders have been urged to switch to fixed-rate deals.
The energy supplier announced increases of 19 per cent for gas prices and ten per cent for electricity supply, which will come into effect on August 1st.
Domestic energy users should not imagine that this will be an isolated move, with Mark Todd, director of energy comparison site energyhelpline.com noting that more of the Big Six energy suppliers could follow suit.
"This latest bill increase is further evidence that things are only going to get worse for consumers. Customers really need to look after themselves," he pointed out.
"They need to seriously consider switching to a fixed tariff now if they want to avoid the pain of more price rises."
Mr Todd explained that there are still some fixed-rate tariff deals available for just over £1,000 a year, but householders might have to move fast before the packages are withdrawn.
"People can effectively save nearly £400 a year in just a few minutes by going online," he added.
If you want to find out more about your energy options and how you could save up to £453 in minutes, click here.
Share this story with your friends:-
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal