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To some surprise, EDF energy is not increasing prices on their gas tariffs but electricity tariffs have gone up by 2.7%. According to EDF energy the price increase will hit a massive 41% of their customer base who by being on the Standard Variable Tariff (SVT) are already on the most expensive tariff on offer. What has EDF Energy increased prices? According to EDF Energy’s, Managing Director of Customers, Beatrice Bigois, the increase is due to the jump in wholesale energy prices and government policy charges. The company claim to have tried to offset the increase in costs by cutting costs from within the company; however this is not enough to offset the full cost increase on their end. She continued to state, “We will be writing to affected customers this month to encourage them to choose a fixed price tariff or to pay by direct debit to save on […]

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Scottish power has announced an increase of 5.5% which will affect 960,000 (33%) of its customers. Luckily those on fixed rate deals and prepayment meters will not be affected. The majority of Scottish Power customers pay by direct debit, which is the cheapest way to pay for you bills. However for those who are on the standard variable tariff (SVT) and not paying by direct debit, the average price increase is actually 6.9% Why has Scottish Power increased prices? According to Scottish Power’s Chief Executive Office, Neil Clitheroe, the increase is due to “rising wholesale energy costs and compulsory non-energy costs” The company will also be “contacting all customers affected by the price change to give them the opportunity to move to a fixed price tariff alternative and avoid this increase.” How can I get around the price hike? Regardless of which energy supplier you are with, the standard variable […]

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SSE and the owners of Npower (Innogy SE) have reached an agreement to merge their energy supply business to create a new independent energy company. The company plans to have the merger completed by the end of 2018/ beginning of 2019 subject to competition and regulatory agreement. Regardless of this, rest assured the merger will not stop your energy supply, however if you are on any of the companies standard variable tariff then you should switch now in order to save up to £468 a year. What will the energy market look like once they merge? The new supplier will be independent of SSE and NPower but will combine both suppliers’ electricity and gas business and Npower’s commercial supply business too. As it currently stands, in the UK market, SSE has 11% of the gas supply market and NPower has 8%. For electricity SSE has 14% share and NPower has […]

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First Direct is an independent division of HSBC which operates as a telephone and internet based retail bank. Over the years the bank has grown in popularity as it offered cash incentives to new customers and they have an excellent customer satisfaction record. Most recently the company stopped giving cash but now has a range of rewards instead. According to FreePriceCompare below are the best rewards: Bose On-ear wireless headphones £150 Expedia Voucher valid on holiday packages, flights and hotels. Fitbit Charge 2 Special Edition Bose Soundsport wireless headphones Amazon Echo Spot Polaroid OneStep 2 i-Type Camera Blue Mountain training online courses on photography or graphic design or cooking Alongside the switching perks, the bank account charges 0% interest on £250 of over draft and gives 5 per cent linked regular savings. Please note you do need to deposit £1000 a month into the account; else pay £10 per month. […]

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Cheapest time to book easy jet flights Like many other airlines, easy jet changes prices dynamically meaning the price for its seats fluctuates with demand, meaning the seats are at the cheapest level on the day of the release. Easy jet releases new tickets to the market, 5 times in the year and on those special release days; tickets are typically available from 6am onwards. However, once other passengers get wind of the cheap deals, the prices start to increase rapidly to account for the increase in demand.   FreePriceCompare recommends waking up early on the day of the release to bag the cheapest tickets available. Whilst prices can still go lower, buying tickets early on the actual release day would usually get you a good deal. For more travel hints and tips or to compare flight costs visit https://freepricecompare.com/flights/ Our handy travel tool is intuitive to use and it gives […]

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Prices for flights and hotels soar during the summer holiday period, but there are a few steps you can take to try and get the best possible price. All together it is cheaper to take holidays outside the school holiday period but in the UK, bunking school can lead to massive fines so it is best avoided. Find cheap booking dates In some instances, your school term dates may differ from everyone else’s. This could be due to various reasons such as school construction, local council choosing different dates or even due to inset days. Whatever the reason, utilize this opportunity wisely by heading out to your holiday earlier than everyone else and coming back earlier too. How to find cheap booking dates You can check the term dates for your children’s school by contacting the school directly or by using the Gov.uk term time checker. Then do a general […]

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