Household could see energy bills increase as 23 fixed-price tariffs expire at the end of this month and default to standard-rate tariffs.
Some fixed-rate deals from British Gas, Co-operative Energy, Extra Energy, First Utility, M&S Energy and Scottish Power will end on 30 September.
Customers’ bills will rise in most cases, as standard tariffs are nearly always more expensive.
You can avoid paying more for your energy by switching to a cheaper tariff or supplier now.
Get the best deal – head to Which? Switch to find the cheapest tariff for you.
Fixed-rate tariffs ending
The table below shows the fixed term deals that will expire at the end of this month.
|Fixed deals ending in September|
|Supplier||Tariff||Average price||Standard tariff||Average price increase|
|British Gas||Discount Fix September 2015||£955||£1075||£121|
|British Gas||Fix and Reward September 2015||£1135||£1075||-£60|
|Co-operative Energy||Fair and Square September 2015 (paperless)||£945||£1119||£147|
|Extra Energy||SaverPlus Fixed Price Sept 2015 v1 (paperless)||£986||£1130||£144|
|Extra Energy||ValuePlus Fixed Price Sept 2015 v1 (paperless)||£943||£1130||£186|
|Extra Energy||Fixed Price September 2015 v1-14||£946-£982||£1130||£148-£184|
|First Utility||iSave Fixed September 2015 (v27) (paperless)||£945||£1084||£139|
|M&S Energy||Fixed Price Sep 2015 (paperless)||£1062||£1088||£26|
|Scottish Power||Online Fixed Price Energy September 2015 (paperless)||£1017||£1103||£86|
|Scottish Power||Platinum Fixed Energy October 2015 Online (paperless)||£1203||£1103||-£101|
Table notes: Prices are based on a dual fuel tariff, averaged across the UK, for a household with average consumption, paying by direct debit. Exact prices can vary according to region, usage and payment method.
Standard energy tariffs cost more
In most cases, standard tariffs are more expensive than fixed-term deals.
The exceptions are British Gas’s Fix and Reward September 2015 and Scottish Power’s Platinum Fixed Energy October 2015 – where an average customer’s bill will fall when their deal ends.
If your tariff is on this list don’t wait to switch to a better deal. You can change suppliers or tariffs now without paying an exit fee, even if your contract says there is one. This is because exit fees no longer apply once you’ve been notified that a fixed-rate tariff is coming to an end.
Cheapest energy deal
The cheapest dual fuel tariff currently available is Premium Energy Saver from GB Energy Supply which costs £831 a year.*
Our independent comparison site Which? Switch is the best place to make sure you are getting the best energy deal, based on your energy use – click on the graphic (right) to start comparing deals.
But price isn’t the only thing to consider when choosing your energy provider. If you also want to make sure you’re getting great customer service, efficient complaints handling and energy-saving advice, have a look at our guide to the best and worst energy companies.
*Data from Energylinx, based on a medium dual fuel user. Price is averaged across all regions and correct as of 24 September 2015.
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