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Consumers put energy bills ahead of Christmas celebrations

New study shows households will prioritise paying for energy over food ad Christmas shopping this winter

Switch energy ahead of winter

With winter on the way, consumers are advised to switch energy provider as soon as possible

A survey carried out by the Co-operative Energy found that just under half of all households felt covering their energy costs was their priority during the winter period.

In contrast, 16% identified Christmas as their most important area of spend and another 16% highlighted their family’s weekly shop.

A further 46% of homes added that they were more concerned about being able to afford their energy bills this year than in 2013.

The survey was carried out in August 2014, using an independent panel of 2,018 consumers.

Right time to switch to a cheap tariff

Winter is well on its way and temperatures are beginning to drop across the country. Consumers looking to avoid a drastic rise in their energy bills should consider switching to a cheaper gas and electricity deal as soon as possible.

Bear in mind that it takes between four and six week to switch, so the sooner you decide to change energy plan, the sooner you’ll be making savings.

Energy best buy table

Best Buy’ plans paying by monthly Direct Debit

Supplier

Plan Name (POR)

Average Bill Size (£)

Tariff type

Extra Energy

Fresh Fixed Price Oct 2015 v2

£990

Fixed

First Utility

iSave Fixed October 2015 (v30)

£992

Fixed

Sainsbury’s Energy

Fixed Price October 2015

£1009

Fixed

OVO Energy

Better Energy Fixed (Online)

£1,011

Fixed

The Cooperative Energy

Fair & Square October 2015

£1,026

Fixed

Green Star Energy

Rate Saver 12M Fixed 1408

£1,034

Fixed

EDF Energy

Blue+Price Promise March 2016

£1,039

Fixed

ScottishPower

Online Fixed Price Energy November 2015

£1,045

Fixed

Npower

Online Price Fix May 2016

£1,056

Fixed

Woodland Trust Energy

Better Energy

£1,071

Fixed

Source: uSwitch.com. Based on a medium user customer using 3,200 kWh of electricity and 13,500 kWh of gas, on a dual fuel plan, paying by monthly Direct Debit, with bill sizes averaged across all regions.

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