Energy prices have HALVED to an all-time low but savings aren’t being passed on

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ENERGY prices for suppliers have nearly halved to hit an all-time low, but the savings aren’t being passed on to customers. Wholesale prices were 44 per cent lower in April compared to the sa…

ENERGY prices for suppliers have nearly halved to hit an all-time low, but the savings aren't being passed on to customers.

The cheapest deals are usually found online and are fixed deals - meaning you'll pay a fixed amount usually for 12 months.It helps to have the following information - which you can find on your bill - to hand to give the new supplier.An up-to-date meter readingIt should take no longer than three weeks to complete the switch and your supply won't be interrupted in that time.

Your provider has to help you come up with a solution, and you should be able to negotiate a deal that works for you both.You may be able to pay off your debts directly from your benefits through the Fuel Direct Scheme.To be eligible, you must be getting one of the following benefits:Universal Credit

"Current fixed tariffs are the cheapest they have been since 2018, with 12-month deals available for as little as £782.15, so now is a great time to get off your supplier’s SVT."

 

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