There`s Never Been a Better Time to Change Energy Tariff, Says Confused (dot) com

Released on: September 16, 2008, 9:04 am

Press Release Author: Caroline Spindlove

Industry: Advertising

Press Release Summary: 11.8 million people hit by latest energy price rises

Changing tariffs now could save UK consumers 6.8 billion per year *

Press Release Body: Gareth Kloet, product director at, the UKs leading
price comparison website, responds to npowers and Scottish Powers recent energy
price rises, which will hit an estimated 11.8 million customers. These latest
announcements follow price rises by Scottish and Southern, British Gas, EON, and

We are living in unusual times! href="">Energy prices have risen by more
than 40 per cent this year alone, as a result of unprecedented rises in the cost of
wholesale energy and, consequently, double digit rises have become the norm.

Despite the fact that all of the Big Six providers have now raised their href="">energy prices, supplier prices
are still in a state of continuous flux. In fact, it has never been more important
to make informed decisions when it comes to changing energy tariffs, based on
personal circumstances.

While capped tariffs will offer insurance against future rises in href="">energy prices, it is important to
note that customers will pay for this fixed-price assurance. This makes the cost 20%
higher, on average, than that of uncapped deals. While uncapped deals, in the
current climate, will result in the most significant savings, there is no guarantee
that these prices will remain as competitive and attractive in the near future. It
is important to also consider online deals and paying by direct debit, as companies
often offer discounts to customers who elect to use these methods.

There is scope for saving money if you act fast and change supplier or tariff as
soon as possible; however, it may be best to stick to one of the Big Six
suppliers, as volatile price fluctuations have forced smaller suppliers out of the
market in the past.


For further information please contact:

Caroline Spindlove/ Anna Bowes
02920 434 398

Joanna Harte/ Gug Kyriacou
Polhill Communications
020 7655 0550

Notes to editors

* Savings based on results taken on 18/08/2008 for an annual consumption of 3,300
kWh for electricity and 20,500 kWh gas (medium consumption) comparing all regions
standard bill (where they are with British Gas for their gas and the host supplier
for their electricity) and the cheapest tariff available. Number of households
which have not switched is provided by Ofgem in the Domestic Retail
Market Report 2007.

About is one of the UKs biggest and most popular price comparison services.
Launched in 2002, it dominates the car insurance aggregator market with a massive
70% market share and generates over one million quotes per month. It has expanded
its range of comparison products over the last couple of years to include home
insurance, travel insurance, pet insurance, van insurance, motorbike insurance,
breakdown cover and energy, as well as financial services products including credit
cards, loans, mortgages and life insurance. has 74 motor insurance partners, and customers can save up to on
average 208. It also has a panel of 55 for home insurance, and customers who use for home insurance can expect to save up to 193. is not a supplier, insurance company or broker. It provides a free,
objective and unbiased comparison service. By using cutting-edge technology, it has
developed a series of intelligent web-based solutions that evaluate a number of risk
factors to help customers with their decision-making, subsequently finding them
great deals on a wide-range of insurance products, financial services, utilities and
more. Confused.coms service is based on the most up-to-date information provided by
UK suppliers and industry regulators. is owned by the Admiral Group plc. Admiral listed on the London Stock
Exchange in September 2004. is regulated by the FSA.

Web Site:

Contact Details: Caroline Spindlove/ Anna Bowes
02920 434 398

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