Gas and electricity Updated:
Energy giant E.ON has just announced that it, too, will be raising prices this winter, with the average dual fuel energy bill set to rise by 3.7%.
It's the last of the big six to implement a price hike and there's been much speculation about when the announcement would come, but happily it's much lower than some of its competitors.
The rise is set to be implemented in January, with E.ON saying it should help stabilise prices over the coming year and should ideally mean no further price rises will need to be implemented – although it's warned that there are no guarantees.
"It appears to be the fairest in terms of standard pricing with the lowest rates [but] in judging fairness we have to look at the market as a whole… Customers need to realise that the smart money is on switching to a low cost fix; this way you really can beat the price rises and have a warmer, cheaper winter."
There's still time to compare the market and switch before price hikes take effect. Opting for a fixed tariff will be the best course of action as they're guaranteed not to go up in price, and with many running into 2015 they could easily shave £200-300 per year off the average fuel bill.
Check out the table below to see how the latest round of price hikes stack up, then use our handy comparison tool to see how much you can save.
15 Jan 14
3 Jan 14
23 Nov 13
15 Nov 13
6 Dec 13
1 Dec 14
1 Jan 14
Source: Energyhelpline 06/12/13
Average usage per household, dual fuel, payment by cash/cheque
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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