Switch On to Savings ; Gas and Electricity Prices Have Leapt to Their Highest-Ever Levels. Should You Switch to Save Money? Lorna Bourke Reports

Summary


'Consumers should look seriously at capped or fixed-price energy deals. The savings available today average TO SWITCH or not to switch, that is the tricky question exercising the minds of millions of householders as they face price rises for gas and electricity.

Powergen, the second-largest energy supplier in the UK, is the latest to increase consumers' bills with a hike of 24.4 per cent for gas - the biggest-ever - and an 18.4 per cent rise in electricity. Its 5.5 million customers will see their bills increase by an average of Pounds 106.69, while electricity bills will rise by Pounds 55.60.

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Extract


Switch On to Savings ; Gas and Electricity Prices Have Leapt to Their Highest-Ever Levels. Should You Switch to Save Money? Lorna Bourke Reports

Powergen customers are not the only ones to suffer. More than 11 million British Gas and five million Scottish Gas customers have also seen a huge hike in their bills from 1 March.

The average household's bill with British...

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