Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Loan charges: Fixed price tariffs could cost Brits £210

British energy customers on fixed price tariffs could find their energy bills soar by an astonishing £210 next year, according to a new report.

Comparison site Confused.com explained that being on a fixed tariff can save a customer money. However, when it comes to an end, they could find their bills quickly rise as they get automatically switched to the most expensive tariff, leaving less cash available to cover expenditures such as loan charges.

The government has plans in place to ensure energy firms can no longer do this, but it is only in consultation at present and may not come into force until 2014.

Those on the Online Energy Saver 15 (Paperless Billing) tariff will find their bills grow by £210.38, while others will grow by between £131.21 and £162.84.

"We regularly recommend that consumers look at fixed and capped tariffs as a way of protecting themselves against price rises, however these figures clearly highlight the need for consumers to make a note of when their fixed price deals come to an end," said Kate Rose, head of energy at Confused.com.

If they do not, it could eradicate the savings they have made by being on the fixed tariff in the first place.

Charles Baker

Charles is a reputed financial analyst with decades of experience under his belt.ADNFCR-2776-ID-801499171-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide