The Jewish Chronicle - - Business -

EN­ERGY prices are pre­dicted to rise 15 to 45 per cent by the end of this year. This is a stag­ger­ing in­crease on top of the 60 per cent we have al­ready faced over the past three years, and could add around £200 your av­er­age bill. The rises are likely to come in two bursts: one in late sum­mer, the other at the end of the year. So, your best bet is to get a fixed-rate en­ergy tar­iff, where the rate you pay per unit of gas and elec­tric­ity is fixed for two to three years. How­ever, the cheap­est fixed rates tend to be about ten per cent more ex­pen­sive than the nor­mal rates. So there is a slight risk that the rises will not hap­pen and you will not be on the best deal. But the odds are that fix­ing your tar­iff at the mo­ment is a win­ner.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.