Our research has found that 112 fixed energy contracts are coming to an end on the 30th of June 2019.
This means that hundreds of thousands of people will roll on to their supplier’s default tariff, which is normally the most expensive. Suppliers can also shift their customers on to their rollover tariff, but this is less common. Either way switching to another deal will save you a price hike.
This month there is an average jump in price of £168.
The worst culprit is Shell Energy with energy bills rising by an average of £347 a year!
Who is affected?
Big Six suppliers British Gas, E.ON, EDF, npower and Scottish Power all have tariffs ending.
We have estimated hundreds of thousands of people will be on these tariffs.
The top 10 biggest price jumps
|Supplier Name||Tariff Name||Cost (£)||Default||Increase (£)||Increase (%)|
|Shell Energy||Smart First June 2019 Online – Paperless||907||1254||347||38|
|Shell Energy||Smart First June 2019 Online||931||1254||323||35|
|Flow Energy||Flow Marigold July 2019||944||1253||309||33|
|Flow Energy||Flow Daisy July 2019||947||1253||305||32|
|npower||Online Broker Fix June 2019||963||1254||292||30|
|Flow Energy||Flow Marigold July 2019 Green||976||1253||276||28|
|Flow Energy||Flow Daisy July 2019 Green||980||1253||273||28|
|Shell Energy||First Fixed June 2019 v2 plus – Paperless||984||1254||270||27|
|PFP Energy||Together – June 2019 – fixed 74||988||1242||254||26|
|Shell Energy||First Fixed June 2019 v4 – Paperless||1006||1254||248||25|
Note: Figures updated as of the 1st July 2019
The benefits of auto-switching
It makes little sense to us that a small group of people get a good deal while most people pay extortionate rates for their energy.
Unfortunately, we know that the vast majority are not confident switchers and end up paying over the odds on their bills as a result.
And even if you switch once, you can’t be expected to keep on top of it every 12 months for every contract and every utility (broadband, TV, insurance) you use.
With auto-switching, what we try our best to overcome all the main bugbears people have with saving on their energy bills.
We reward loyalty with our service. We switch you every year to a great energy deal so you never have to worry about paying the loyalty penalty.
It takes 2 minutes to sign up, you get a quote before you complete the switch, and our customer service team are on hand if you have any questions. You can call our friendly support team on 020 3950 1166 (we’re open 9am to 5pm, Monday to Friday), or email us at [email protected]
Sign up for FREE today!
In April Ofgem raised the maximum limit at which an energy company can set their standard tariff.
This is known as the energy price cap, a government scheme to try and safeguard people overpaying on their energy bills.
Unfortunately, many suppliers do not see this as an absolute limit but rather a target to aim for.
Many suppliers have increased the cost of their default tariff meaning when your cheap deal comes to an end, you will encounter an even bigger price rise from your supplier.