With Igloo who are reportedly going under according to Sky News so should be interesting. Just looked on comparison websites and the increase is crazy.
I imagine the best thing to do is just wait and see what happens!
Igloo today posted a notice on their home page saying that all customers' credit balances and energy supply are safe. The link when clicked describes the current market and says that they don't rule out raising prices again this year, but so many small companies are going to the wall they want to reassure customers that they are safe should Igloo go under. I read that as something of a soft pre-warning and didn't bother switching to them. Shame, as they have good customer service and were cheap.
Mine says the same in a black box centre screen, but does show a few if you select show plans which require switching directly?No suggested plans through USwitch currently. All over the place right now it seems.
So I've recently changed to Octopus Go and trying to do as much washing and dishwasher overnight as I can.
In regards the next power hungry device...our 10.5kwh shower!
What sort of price difference will installing a shower to run off the combi boiler make?
Just a heads up, nationalgrid are predicting due to current demand increases that by 2026 the cheaper overnight tariff will be gone and a 24hr fixed rate tariff will be in place. As more powerstations will need to be run during the night to deal with demand.
But don't worry it's been government mandated that we will have 5gw of hydrogen production by 2030...
There was also a warning from Business and Energy Secretary Kwasi Kwarteng that Britain must prepare for a future of higher energy prices.
"The price has spiked considerably," he told the committee. "You would expect normally that the price would revert to the mean.
"It's not something that we think is going to be sustainable... We have to prepare for longer-term high prices."