Millions ‘missing out’ on cheap energy

Millions of people in the UK could be adding to their
debt management problems by missing out on the cheapest energy bills available to them, it has been suggested.

According to figures from uSwitch.com, British households can save hundreds of pounds by changing the company that provides their energy.

Christmas is renowned as an expensive time of year and the price comparison company is convinced that switching energy providers can be an important part of what it calls a “new year financial detox”.

Ann Robinson, director of consumer policy at uSwitch.com, said: “Households could save up to £325 on their gas and electricity bills just by shopping around for a better deal.

“The golden rules of switching are: move to dual fuel (getting both gas and electricity from one supplier), pay by direct debit and sign up to an online plan to make sure that you are getting the best available deal.”

Citizens Advice has made clear that it expects to see an increased number of people approaching its staff for debt advice in January, because of the costs associated with the Christmas period.