Chart of the week | Higher, Broader, Faster, Longer

Wholesale price movements and pending regulatory changes are causing suppliers to amend the prices and types of domestic contracts they offer.

Under a rising wholesale market, suppliers will adjust their tariffs more regularly and upwards. This is to ensure that suppliers recoup enough money to cover the additional costs.

Our chart highlights that the typical domestic dual fuel annual bills for new tariffs were 12% higher in September compared to the start of 2018. Faced with bill increases of that magnitude some consumers may be tempted by different tariffs for peace of mind. 

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