Consumers face bill rise of £338 when fixed tariffs end


When a fixed deal expires, customers are put onto expensive, default tariffs.

By Matt Maynard · 28th May 2021

Our own research has revealed that households on a range of fixed energy deals coming to an end this month risk price hikes of up to £338 a year.

A total of 125 deals expire at the end of May that would result in an average rise of £194 per year for customers rolling over to their supplier’s standard variable plan.

Tom Lyon, director of energy here at Energy Helpline, says:

“Customers who switched this time last year were savvy enough to secure some exceptionally low rates and so have saved significantly during a period of rising prices.

“I’d strongly urge those with deals ending this month to switch again so they continue to benefit from competitive prices. Fixed tariffs not only offer best value, but they also give certainty about what consumers will pay and protect against any unexpected price hikes.

“It’s also useful to know that any early exit fees on these plans no longer apply, so there’s every reason to shop around, switch and lock in prices before they rise any further.”

Compare our best energy deals and switch in minutes

Get started >

A service you can trust

Trustpilot excellent rating

How switching works

  1. Enter your details

    Answer a few quick questions and then we can find you some great energy deals based on your location and usage.

  2. Compare our best deals

    Once we’ve got your prices we’ll help you compare the best ones, and we can answer any questions you have too.

  3. We’ll handle the switch

    With us there’s no obligation, but if you want to take one of the energy deals then we’ll handle it all for you free of charge.

DID YOU KNOW?

49 % of consumers say they have never switched, or have only switched once. Make sure you're not missing out on a better deal.

Don't overpay - switch today

Get Started