MoneySavingExpert.com comments on SSE energy price freeze

- SSE has pledged to freeze the price of its standard tariff until at least April 2017

- MoneySavingExpert.com analysis shows that while the price of the standard tariff may be frozen, the price of the cheapest deals continues to rise – from £724 to £822* today

- Managing editor Guy Anker urges customers to urgently lock into a fixed deal now before any possible hikes

MONEYSAVINGEXPERT.COM

Cutting your costs, fighting your corner

Forimmediaterelease 18th November 2016

On the news that SSE will freeze standard tariff prices until at least April 2017, Guy Anker, MoneySavingExpert.com managing editor says:

“This may seem good news on the surface but anyone on SSE’s standard tariff is almost certainly already overpaying, possibly by £100s a year, so people shouldn't see this as a message to rest on their laurels.

“The way to save isto urgently lock in to a cheap fix, with urgent being the key word. The price of the cheapest new customer deals is soaring – up for a typical household by £100/yr in the last 6 months.

“Someone on a standard tariff with any of the big six energy firms, including SSE, can save about £250 a year by switching.”

-ends-

Notes to editors

*The price of the cheapest deal on the 16th May 2016 was £724 and today is £822, at Ofgem typical annual usage.

For more comments, please contact:

Katie Watts

Tel: 020 3150 1594

Mob: 07875 415 378
katie.watts@moneysavingexpert.com

About MoneySavingExpert.com: MoneySavingExpert.com is dedicated to cutting consumers’ bills and fighting their corner. The free-to-use consumer finance help resource aims to show people how to save money on anything and everything, and campaigns for financial justice. Set up in 2003 for just £100, its free-to-use, ethical stance quickly made it the UK’s biggest independent money website, according to internet ranking site Alexa.com, and the number one ‘Business and Finance – Business Information’ site, according to Hitwise. It has more than 10 million people opted-in to receive the weekly Martin’s Money Tips email, and more than 14 million unique monthly site users who visit more than 23 million times a month. In September 2012, it joined the MoneySupermarket.com Group PLC.