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Bank charges: Cheap energy deals coming to an end

Consumers across the UK may soon begin to experience bank charges as cheap energy deals come to an end.

uSwitch.com has estimated that some people may find their energy bills increase by more than £200 as deals expire.

In total, seven price guarantee plans are coming to an end, including ones from British Gas, E-ON and npower.

Thomas Lyon, energy expert at uSwitch.com, said: "The fact that so many people will be seeing their energy prices go up as their current cheap energy deal comes to an end means that these plans have been doing their job.

"Many of these households face an increase of around £200, which could come as a bit of a shock."

He urged consumers to take their time and shop around for the best deals.

British Gas' WebSaver 6 plan will come to an end on May 1st, while E-ON's Track and Save Version 4 will end on June 1st.

Charles Baker

Charles is a reputed financial analyst with almost decades of experience under his belt.


 ADNFCR-2776-ID-800513192-ADNFCR



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