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Revealed: the best fixed price energy deals

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26/04/2013
As competition heats up in the fixed tariff space, we reveal the best deals on the market.
Revealed: the best fixed price energy deals

Following npower’s launch of its ‘Fixed Family’ this week, ScottishPower has stepped into the fray with its new plan, Fixed Price Energy February 2016, offering consumers the longest fixed price protection in the current market.

The new ScottishPower plan costs £1,301 a year on average and offers price protection until the end of February 2016, according to uSwitch.com.

npower’s Price Fix December 2015, now the second longest in the market, costs £1,305 a year – £4 more, but with two months’ less price fix protection. Both tariffs come with early exit fees attached.

EDF Energy’s popular Blue + Price Promise February 2015 plan still remains one of the few to not have an early exit penalty attached.

The EDF Energy tariff costs £1,192 a year, which is £109 cheaper than the new ScottishPower tariff, but ScottishPower’s price protection lasts for a year longer.

Consumers can now choose from a selection of attractive fixed price tariffs, ranging in length from a year to almost three years. We reveal the best tariffs on the market:

 

       Type of plan                         Plan Name                     Price      Fixed or Variable                 
Cheapest variable plan and supplier’s best buy SSE’s Discount Energy Bonus October 2014 (with paperless billing) £1,146    Variable
Second cheapest variable and supplier’s best buy ScottishPower’s Online Energy Saver 21 £1,164    Variable
Cheapest fixed price and supplier’s best buy  npower’s Online Price Fix June 2014 £1,184  Fixed until the end of June 2014
Second cheapest fixed price and supplier’s best buy  EDF Energy’s Blue + Price Promise February 2015  £1,192 Fixed until end of February 2015
Supplier’s best buy  E.ON Energy Discount (with online reward)   £1,209     Variable
Supplier’s best buy  British Gas’ Online Variable May 2014 £1,219      Variable
Second longest fixed price  npower’s Price Fix December 2015 £1,305  Fixed until end of December 2015
Longest fixed price  ScottishPower’s Fixed Price Energy February 2016 £1,301  Fixed until end of February 2016
Source: uSwitch.com Bill sizes are based on the average medium user across the big six.

 

 

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