If you're asking yourself 'Is it the right time to switch?' then the answer is 'yes'.
If you're paying too much for your gas and electricity and could save money by switching energy suppliers, then there's really no bad time to start saving.
"There is no room for complacency and I would urge consumers to act now. Fixing your energy prices is an option that offers security and peace of mind, especially for those worried about the impact of price hikes on their household budget."
Ann Robinson - Director of Consumer Policy
With two of the major energy suppliers, ScottishPower and British Gas, putting their prices up in under two months it is looking likely that the others will follow, so now is the time to switch.
The instability felt by those currently wondering 'will my supplier be next?' is making fixed price energy plans a popular option. If ever there was a time to consider locking into a long term plan, then that time is now.
Ann Robinson, energy expert at uSwitch, comments:
"We are straying into deeply worrying 'double price hike' territory. It now looks as though households are on track to see their energy bills increase by £182 or 16% this year.
"The impact on family budgets will be huge, but it will be particularly hard on those living on fixed incomes and I would urge both suppliers and the Government to start thinking now of how they can provide some support. It may seem a long way ahead, but winter will be coming too quickly for those who cannot afford their fuel bills.
"Last winter over three quarters of people (76%) cut down or rationed their energy use because of cost - a 7% increase on the previous year. In just five years we have seen energy bills snowball from £660 a year to £1,193 following today's announcement.
Something to bear in mind with further price rises inevitable is that any cheap fixed plans currently left on the market could be removed at any time.
Though we are in the sunnier season now and winter seems a long way off, the temperatures will start dropping again within a few months, so while there are options available, it is worth considering them.
See if you could save up to £420 on your gas and electricity - compare and switch today.