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UK households can save up to £315 annually by switching energy tariffs, experts say.
Martin Lewis urges UK households to save hundreds on energy bills by switching from the government’s Energy Price Cap, which rose 2% in October to £1,755 annually.
Using a whole-of-market comparison site, consumers can find fixed-rate tariffs up to 18% cheaper, potentially saving £315 yearly.
Experts confirm switching is quick, takes five working days, and causes no service interruption.
The best time to switch is within 49 days of a fixed-rate contract ending, when exit fees are waived—especially for those whose deals ended in November 2024.
Households on standard variable tariffs, often the most expensive, should consider switching to lock in stable, lower rates.
Los hogares del Reino Unido pueden ahorrar hasta £315 anuales cambiando las tarifas de energía, dicen los expertos.