October 25, 2012
Switch to a Fixed Rate Tariff Now
ENERGYLINX: As energy suppliers continue to announce the implementation of looming price increases, customers must remain alert regarding how they may be affected.
Within the next several weeks, 3 of the nation's largest suppliers - all of which have already announced price increases - will remove 5 fixed tariffs from the market. These tariffs are as follows:
Price Promise October 2012 from British Gas
| Price Promise October 2012 | |||||||
|---|---|---|---|---|---|---|---|
| Distribution Area | British Gas | British Gas | Impact on 31/10/2012 | Termination Fees | |||
| Price Promise October 2012 | Clear and Simple | £ | % | Electric | Gas | Date | |
| Eastern Electricity | £1,043.69 | £1,184.28 | £140.59 | 13.47% | £50.00 | £50.00 | 31/10/2012 |
| East Midlands Electricity | £1,047.13 | £1,168.34 | £121.21 | 11.58% | £50.00 | £50.00 | 31/10/2012 |
| London Electricity | £1,069.03 | £1,198.17 | £129.14 | 12.08% | £50.00 | £50.00 | 31/10/2012 |
| Manweb | £1,061.07 | £1,211.51 | £150.44 | 14.18% | £50.00 | £50.00 | 31/10/2012 |
| Midlands Electricity | £1,043.84 | £1,210.92 | £167.08 | 16.01% | £50.00 | £50.00 | 31/10/2012 |
| Northern Electric | £1,046.78 | £1,180.53 | £133.75 | 12.78% | £50.00 | £50.00 | 31/10/2012 |
| Norweb | £1,031.08 | £1,183.31 | £152.23 | 14.76% | £50.00 | £50.00 | 31/10/2012 |
| Scottish Hydro | £1,060.61 | £1,187.15 | £126.54 | 11.93% | £50.00 | £50.00 | 31/10/2012 |
| Scottish Power | £1,055.34 | £1,175.61 | £120.27 | 11.40% | £50.00 | £50.00 | 31/10/2012 |
| Seeboard | £1,058.04 | £1,203.68 | £145.64 | 13.77% | £50.00 | £50.00 | 31/10/2012 |
| Southern Electric | £1,072.15 | £1,205.59 | £133.44 | 12.45% | £50.00 | £50.00 | 31/10/2012 |
| SWALEC | £1,074.09 | £1,201.98 | £127.89 | 11.91% | £50.00 | £50.00 | 31/10/2012 |
| SWEB | £1,069.46 | £1,220.90 | £151.44 | 14.16% | £50.00 | £50.00 | 31/10/2012 |
| Yorkshire Electricity | £1,008.43 | £1,170.14 | £161.71 | 16.04% | £50.00 | £50.00 | 31/10/2012 |
Online Saver 4 from British Gas
| Online Saver 4 | |||||||
|---|---|---|---|---|---|---|---|
| Distribution Area | British Gas | British Gas | Impact on 31/10/2012 | Termination Fees | |||
| Online Saver 4 | Clear and Simple | £ | % | Electric | Gas | Date | |
| Eastern Electricity | £1,133.80 | £1,184.28 | £50.48 | 4.45% | |||
| East Midlands Electricity | £1,118.46 | £1,168.34 | £49.88 | 4.46% | |||
| London Electricity | £1,146.91 | £1,198.17 | £51.26 | 4.47% | |||
| Manweb | £1,159.92 | £1,211.51 | £51.59 | 4.45% | |||
| Midlands Electricity | £1,159.21 | £1,210.92 | £51.71 | 4.46% | |||
| Northern Electric | £1,130.05 | £1,180.53 | £50.48 | 4.47% | |||
| Norweb | £1,132.77 | £1,183.31 | £50.54 | 4.46% | |||
| Scottish Hydro | £1,136.41 | £1,187.15 | £50.74 | 4.46% | |||
| Scottish Power | £1,125.31 | £1,175.61 | £50.30 | 4.47% | |||
| Seeboard | £1,152.33 | £1,203.68 | £51.35 | 4.46% | |||
| Southern Electric | £1,154.12 | £1,205.59 | £51.47 | 4.46% | |||
| SWALEC | £1,150.62 | £1,201.98 | £51.36 | 4.46% | |||
| SWEB | £1,168.78 | £1,220.90 | £52.12 | 4.46% | |||
| Yorkshire Electricity | £1,119.98 | £1,170.14 | £50.16 | 4.48% |
Discount Saver 2012 from British Gas
| DiscountSaver 2012 | |||||||
|---|---|---|---|---|---|---|---|
| Distribution Area | British Gas | British Gas | Impact on 31/10/2012 | Termination Fees | |||
| DiscountSaver 2012 | Clear and Simple | £ | % | Electric | Gas | Date | |
| Eastern Electricity | £1,133.62 | £1,184.28 | £50.66 | 4.47% | £30.00 | £30.00 | 31/10/2012 |
| East Midlands Electricity | £1,118.37 | £1,168.34 | £49.97 | 4.47% | £30.00 | £30.00 | 31/10/2012 |
| London Electricity | £1,146.92 | £1,198.17 | £51.25 | 4.47% | £30.00 | £30.00 | 31/10/2012 |
| Manweb | £1,159.76 | £1,211.51 | £51.75 | 4.46% | £30.00 | £30.00 | 31/10/2012 |
| Midlands Electricity | £1,159.03 | £1,210.92 | £51.89 | 4.48% | £30.00 | £30.00 | 31/10/2012 |
| Northern Electric | £1,129.85 | £1,180.53 | £50.68 | 4.49% | £30.00 | £30.00 | 31/10/2012 |
| Norweb | £1,132.81 | £1,183.31 | £50.50 | 4.46% | £30.00 | £30.00 | 31/10/2012 |
| Scottish Hydro | £1,136.24 | £1,187.15 | £50.91 | 4.48% | £30.00 | £30.00 | 31/10/2012 |
| Scottish Power | £1,125.10 | £1,175.61 | £50.51 | 4.49% | £30.00 | £30.00 | 31/10/2012 |
| Seeboard | £1,152.27 | £1,203.68 | £51.41 | 4.46% | £30.00 | £30.00 | 31/10/2012 |
| Southern Electric | £1,154.06 | £1,205.59 | £51.53 | 4.47% | £30.00 | £30.00 | 31/10/2012 |
| SWALEC | £1,150.58 | £1,201.98 | £51.40 | 4.47% | £30.00 | £30.00 | 31/10/2012 |
| SWEB | £1,168.78 | £1,220.90 | £52.12 | 4.46% | £30.00 | £30.00 | 31/10/2012 |
| Yorkshire Electricity | £1,120.01 | £1,170.14 | £50.13 | 4.48% | £30.00 | £30.00 | 31/10/2012 |
Sign Online 23 from nPower
| Online Fixed Saver November 2012 | |||||||
|---|---|---|---|---|---|---|---|
| Distribution Area | Scottish Power | Scottish Power | Impact on 31/10/2012 | Termination Fees | |||
| Online Fixed Saver November 2012 | Standard | £ | % | Electric | Gas | Date | |
| Eastern Electricity | £1,113.74 | £1,152.85 | £39.11 | 3.51% | £30.64 | £20.42 | 31/10/2012 |
| East Midlands Electricity | £1,110.68 | £1,150.03 | £39.35 | 3.54% | £30.64 | £20.42 | 31/10/2012 |
| London Electricity | £1,135.90 | £1,176.33 | £40.43 | 3.56% | £30.64 | £20.42 | 31/10/2012 |
| Manweb | £1,164.07 | £1,205.87 | £41.80 | 3.59% | £30.64 | £20.42 | 31/10/2012 |
| Midlands Electricity | £1,117.44 | £1,157.27 | £39.83 | 3.56% | £30.64 | £20.42 | 31/10/2012 |
| Northern Electric | £1,115.07 | £1,154.76 | £39.69 | 3.56% | £30.64 | £20.42 | 31/10/2012 |
| Norweb | £1,119.43 | £1,159.53 | £40.10 | 3.58% | £30.64 | £20.42 | 31/10/2012 |
| Scottish Hydro | £1,151.62 | £1,193.23 | £41.61 | 3.61% | £30.64 | £20.42 | 31/10/2012 |
| Scottish Power | £1,123.52 | £1,163.96 | £40.44 | 3.60% | £30.64 | £20.42 | 31/10/2012 |
| Seeboard | £1,118.59 | £1,158.49 | £39.90 | 3.57% | £30.64 | £20.42 | 31/10/2012 |
| Southern Electric | £1,132.13 | £1,172.36 | £40.23 | 3.55% | £30.64 | £20.42 | 31/10/2012 |
| SWALEC | £1,152.73 | £1,194.06 | £41.33 | 3.59% | £30.64 | £20.42 | 31/10/2012 |
| SWEB | £1,152.03 | £1,193.67 | £41.64 | 3.61% | £30.64 | £20.42 | 31/10/2012 |
| Yorkshire Electricity | £1,100.67 | £1,140.42 | £39.75 | 3.61% | £30.64 | £20.42 | 31/10/2012 |
Online Fixed Saver November 2012 from ScottishPower
| Sign Online 23 | |||||||
|---|---|---|---|---|---|---|---|
| Distribution Area | nPower | nPower | Impact on 06/11/2012 | Termination Fees | |||
| Sign Online 23 | Standard | £ | % | Electric | Gas | Date | |
| Eastern Electricity | £955.05 | £1,143.51 | £188.46 | 19.73% | £20.00 | £20.00 | 06/11/2012 |
| East Midlands Electricity | £967.76 | £1,130.93 | £163.17 | 16.86% | £20.00 | £20.00 | 06/11/2012 |
| London Electricity | £980.55 | £1,150.53 | £169.98 | 17.34% | £20.00 | £20.00 | 06/11/2012 |
| Manweb | £989.10 | £1,163.57 | £174.47 | 17.64% | £20.00 | £20.00 | 06/11/2012 |
| Midlands Electricity | £983.93 | £1,168.70 | £184.77 | 18.78% | £20.00 | £20.00 | 06/11/2012 |
| Northern Electric | £975.66 | £1,144.05 | £168.39 | 17.26% | £20.00 | £20.00 | 06/11/2012 |
| Norweb | £971.19 | £1,150.13 | £178.94 | 18.42% | £20.00 | £20.00 | 06/11/2012 |
| Scottish Hydro | £990.83 | £1,129.31 | £138.48 | 13.98% | £20.00 | £20.00 | 06/11/2012 |
| Scottish Power | £964.45 | £1,129.83 | £165.38 | 17.15% | £20.00 | £20.00 | 06/11/2012 |
| Seeboard | £987.06 | £1,138.87 | £151.81 | 15.38% | £20.00 | £20.00 | 06/11/2012 |
| Southern Electric | £991.88 | £1,153.72 | £161.84 | 16.32% | £20.00 | £20.00 | 06/11/2012 |
| SWALEC | £1,023.07 | £1,164.11 | £141.04 | 13.79% | £20.00 | £20.00 | 06/11/2012 |
| SWEB | £1,009.05 | £1,174.56 | £165.51 | 16.40% | £20.00 | £20.00 | 06/11/2012 |
| Yorkshire Electricity | £965.60 | £1,144.28 | £178.68 | 18.50% | £20.00 | £20.00 | 06/11/2012 |
The expiration of said tariffs will precede the price increases of suppliers by a window of only 2-3 weeks. nPower is set to increase bills by an average of 8.8% for gas and 9.1% for electricity, to take effect on 26 November 2012. Meanwhile, British Gas has warned customers to prepare for a 6% increase for both their gas and electricity bills as of 17 November 2012. ScottishPower will be implementing their price increase from 3 December.
Energylinx would strongly advise all customers who are currently participating in any of these expiring tariffs - the Price Promise October 2012, Online Saver 4 and Discount Saver 2012 from British Gas, the Sign Online 23 from nPower and Online Fixed Saver November 2012 from ScottishPower - to consider switching tariffs immediately in order to avoid being dumped onto ever-increasing standard tariff rates.
