Financial Advice
Search the site:
Household bills
Search News
Find an IFA
Enter name, town or postcode
Browse
Bank Accounts
Credit Cards
Household Bills
Insurance
Investments
Loans
Mortgages
Pensions
Property
Savings
Tax
UK Economy

UK Spotlight
Just when many analysts had come to terms with the 3.5% rise in retail sales in May and the fact this did not seem correct, June has seen a fall of 3.9% in sales – the worst fall in 22 years. The...
→ Read More

Disclaimer
Financialadvice.co.uk adheres to the Financial Services and Markets Act 2000. This site contains only factual and readily available public information.

Loans
IVA Debt Advice Helpline
Cheap Loans
Household bills News - Last Updated Thursday 15th May 2008 → Syndicate this
'Tackle bill defaults or miss out on cheaper energy', site warns




Thursday 15th May 2008

Homeowners have been urged to tackle defaults on their energy bills or risk missing out on the chance to make savings in future.

Under existing rules, customers who fall behind with their payments for gas and electricity are prevented from switching provider.

This means that they could miss the chance to secure a cheaper deal from an alternative energy provider.

Sean Gardner, founder of MoneyExpert.com, said: "With wholesale energy prices increasing, it's inevitable that gas and electricity prices will rise again, so we anticipate large numbers of people to look to switch to the most competitive deals once that process begins.

"However if you've missed a bill you won't have that luxury and could be hit with price hikes that you just can't avoid. The only way to release the shackles is to pay up and move on."

MoneyExpert.com calculates that 726,000 people have missed a gas or electricity bill in the last six months.



Digg this Post to del.icio.us Post to Furl

→ Full Household bills News Archive
→ Return to Homepage


Other top stories in this section:
  • Ofgem: Social tariffs must be reduced
  • British Energy In Takeover Talks
  • Energy bills will rise, SSE warns
  • Is Scottish And Southern Energy In Play?
  • Is This The Year Of The Discount Stores?

  • Cheap Gas Info
    Get info on cheap gas from 12 engines in 1.
    British Gas Energy
    We can't be beaten on price. We are the cheapest duel fuel supplier.
    Find Cheap Gas at Ask.com
    Whatever you're looking for, find it with Ask.com.
    British Gas - Save up to £222
    Switch to British Gas & Electricity online & save up to £222. Homecare cover from £9 a month; save up to £642 on a new boiler or central heating system.

    © 2007-2008 FinancialAdvice.co.uk | Contact Us