UK energy customers could be facing an average debt of £94 per household by the end of summer 2020, our research has revealed.
Britons have been consuming up to 30% more energy than normal during lockdown but monthly direct debits are still being calculated from pre-lockdown levels of energy usage.
As a result, many customers are likely being underbilled for their energy. This eats up any credit you would normally incur during the summer when we generally use less energy, which in turn leads to this accumulation of debt.
It begins a domino effect of having to pay more for your energy over the coming months even as offices, schools, shops and factories begin to reopen.
In the worst case scenario, this could lead to customers being caught in a catch-up cycle of debt. The unfortunate combination of no credit to see you through the winter and added debt repayments could cause monthly direct debits to rise considerably.
Thankfully, there is a very simple solution to all of this and the best way to prevent domino debts is to switch for free with Energy Helpline today. You could save up to £461* on your annual energy bills!
After you’ve secured a great price for your energy with us there’s plenty of small things you can do around the home to reduce your costs even more.
Some of our top tips include:
- Replace your existing light bulbs with energy efficient ones
- Try to take shorter showers
- Make sure your TVs, game consoles and other appliances aren’t on standby
- Wash your clothes at 30 degrees rather than 40