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Energy is getting more expensive. Some gas and electricity companies are going bust and many other suppliers have withdrawn their tariffs. This means there are less tariffs to choose from and you’ll have to pay more.

If you’re on a fixed tariff, your energy supplier will automatically move you to their default standard variable tariff (SVT).

SVT’s are based on wholesale prices which have risen. Keep an eye on what this means for your bill as prices can change.

For most people “do nothing” is recommended once your deal ends because currently there’s no fixed tariffs out there that are cheaper than the price cap.