M&S offers cheapest energy deal on market – as well as protection from price rises

M&S Energy has today wrestled other suppliers off the top spot in the energy ‘best buy’ tables by now offering the cheapest deal on the market. The plan, Fix & Save, which comes in at £1,139 a year is also fixed price, protecting customers from price hikes until the end of September (30th September 2014). There is however a cancellation fee, meaning that anyone wanting to switch away from the plan before the end date will be charged a £50 exit penalty.

Tom Lyon, energy expert at Uswitch.com, says: “With M&S Energy hitting the headlines for all the wrong reasons this week, it’s good to see it starting to return to its consumer-friendly form by giving its Fix & Save tariff a face-lift, making it the most competitive deal on the market.

“Consumers should think seriously about taking advantage of this plan which offers the best of both worlds. Not only is it the cheapest deal on the market – which will appeal to consumers looking to tighten their purse strings – but it is also fixed until the end of September 2014, so it comes with added peace of mind. However, any takers should be aware that there is a £50 cancellation fee attached.

“With hints of energy price rises this year, fixed price plans are an appealing option. And with many making it into the energy ‘best buy’ tables, consumers don’t need to pay a premium for this protection. As ever though, consumers should always compare prices based on their own circumstances and individual needs before signing on the dotted line – this way they can be confident of getting the best deal.”

FOR MORE INFORMATION

Alexa Wheeler

Phone: 0207 1484 661

Email: alexa.wheeler@uswitch.com

Twitter: @uswitchPR

Notes to editors

1. Bill sizes are based on a medium user customer using 3,300 kWh of electricity and 16,500 kWh of gas per year paying by monthly Direct Debit, averaged across all regions. Takes into account discount for paperless billing which is mandatory.

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