Today is a massive day for millions of energy consumers across Britain as the UK’s competition watchdog, the Competition & Markets Authority, says 70% of British households are stuck on expensive standard rate tariffs.
It wants to fix the market so more people switch to cheaper deals – saving over £300 a year each in the process.
And there’s no need to wait for new rules to be announced, cheaper fixed rate tariffs are available today.
If you haven’t switched energy provider for several years – of if you’ve never switched at all, like millions of others – then it’s more than likely that you could save hundreds of pounds a year.
To find a cheaper tariff juts run a quote on MoneySuperMarket.
It’s best to have a recent bill to hand if you can, but we can still give you an estimated price if you haven’t.
When you find the deal you like, you can start the switch, which should be complete in just 17 days.
There’s no need for any work inside or outside your property, and the firm you’re moving to will handle all the admin.
All you’ll have to do is provide meter readings and settle up anything you owe to your old firm.
It’s a quick and easy way to secure hefty savings that will make a big difference to your household finances.