Colder Weather But Energy Prices Stop Heating For Many

Published: 19 October 2011 By Peter Thompson Leave a Comment

We have enjoyed unseasonably warmer weather but now that the colder weather has arrived, many households are not turning on their heating as they cannot afford the increased energy prices and need to save money.

Energy PricesA poll by MoneySupermarket.com, shows than whilst over 50% have turned their heating on with the arrival of the cooler weather, some 25% of households are not doing so as the rising energy prices hit them hard.

A number say they cannot afford to heat their home and almost 20% say they will only turn it on when it gets really cold.

Scott Byrom, energy manager at MoneySupermarket.com, said: “Energy bills are certainly a ‘hot topic’ at the moment with the government urging consumers to take control and switch to cheaper deals.

“With households across the UK switching on their heating, and the threat of more colder weather predicted for later this week, bill payers will no doubt be concerned about how they are going to be able afford their energy bills.”

He added “With the cost of living soaring, particularly driven by higher energy bills, now is not the time to be apathetic, especially as we head into Winter where bill payers typically use around 40 per cent of their annual energy consumption during these months.

“Finding the right tariff means bill payers could save on average £237 per year.

“For example, the cheapest online tariff available is npower’s Sign Online 24 with annual bills of £1,050 on average, but, for the same price, consumers can protect themselves against future price rises with either EDF Energy’s Fix for 2012 tariff with bills fixed at £1,050 until December 31st 2012, or OVO Energy’s New Energy Fixed product which is a set price for 12 months from the point the deal is taken out, however, the OVO tariff is not available in all Regions of the UK.

My advice is to go for the fixed tariff option as the peace of mind will be a big bonus for those who are worried that energy bills are only heading in one direction, and that’s up.”

MoneyHighStreet comments: “As Scott says, the whole issue of energy prices is a very hot topic at the moment. It is important to find the right energy plan to suit your needs. So too is it right to consider how you can save on your energy consumption, not necessarily or just not turning the heating on at all.

“How about making sure you turn lights off when you leave a room, or if making just a single mug of coffee only boil enough water to fill the mug?

“Our article ‘Six ways to save money on your energy bill‘ may be useful and help you with ideas, including of course switching energy supplier if need be.”

 

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