18th August 2017 – Consumers are set to pay, on average, an estimated £290 more for their energy over the next year if they roll over on to a standard variable tariff (SVT), as 84 fixed price tariffs come to an end in Q3 2017, equating to a £83m “inertia windfall” for energy companies.
comparethemarket.com’s data shows that there are 43 fixed tariffs ending in September alone creating an average annual increase of £182 per household, if they roll on to a standard variable tariff. This increase is estimated to affect around 140,000 people nationwide.