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'Record spending' on utilities to take place this winter by James Dacanay





'Record spending' on utilities to take place this winter by
Article Posted: 02/14/2011
Article Views: 69
Articles Written: 646
Word Count: 370
Article Votes: 0
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'Record spending' on utilities to take place this winter


 
Business
This winter has been particularly cold, meaning consumers have been leaving their heating on for longer periods of time. However, this is not the only reason why people have been paying more for their gas and electricity. Providers of such utilities have been upping their prices.

According to the Daily Mail, this combination of factors will lead to a record spend averaging £650 per household for such commodities over a period of just three months.

The publication urged individuals to compare energy prices in order to ensure they get the best deals. Such utility price comparison can help to bring bills down. Given the rises in price being implemented by electricity and gas suppliers, combined with the chilly conditions being felt at present, there has never been a better time to compare energy prices.

However, many consumers fail to take this proactive approach. Indeed, the Daily Mail cited figures produced by energy regulator Ofgemm, which revealed that more than half of the homes in Britain (which equates to around 15 million) have never switched supplier. If these residences did use utility price comparison services providers, they may be able to save cash.

Meanwhile, the newspaper drew attention to the fact that last month, npower introduced a 5.1 per cent increase in its prices, which will add around £54 to the average annual bill. This followed similar steps taken by British Gas, Scottish Power and Scottish and Southern.

Indeed, it was only EDF that promised to freeze its tariffs until March 31st.

The news source went on to state: "Wholesale gas prices have been pushed to their highest level in two years and analysts warn prices could rise by a further ten per cent this year.

"To make matters worse, experts warn it can be impossible to keep track of how much energy you have used because of the baffling way suppliers calculate bills."

The Article is written by www.whoscheapest.co.uk providing Compare Electricity Prices and Compare Energy Prices Services.Visit http://www.whoscheapest.co.uk for more information on www.whoscheapest.co.uk Products & Services___________________________Copyright information This article is free for reproduction but must be reproduced in its entirety, including live links & this copyright statement must be included. Visit www.whoscheapest.co.uk for more services!

Related Articles - Compare Electricity Prices, Compare Energy Prices, Compare Gas Prices, Energy Price Comparison, Utility Price Comparison,

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