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01/11/12
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Money advice in increasing demand, says study
31/10/12
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Payment barriers exist for disabled and older people, says study
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Half of Brits shop with a basic credit card, says study
30/10/12
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Number of Brits sitting on forgotten direct debits - 2.68 million
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News
22/07/2011 13:56:57
Tips to cut fuel bills
People who are concerned about rising utility bills should consider saving money by opting for a fixed or capped rate tariff.
That is according to Lisa Greenfield, energy analyst at Confused.com, who has suggested that there is more peace of mind in knowing fuel prices will not increase again.
She said: "If you're concerned about the rising cost of energy, you should consider opting for a fixing or capped tariff, which will give you security against any further hikes."
Ms Greenfield suggested that financial planning is easier if people opt to pay their bills by direct debit and manage their account online, so that they are aware of how much they owe.
In addition, she said it would be prudent for consumers to look at subsidised insulation offers that can reduce bills in the long term.
Her suggestions come after it was announced that Scottish and Southern Energy would be the third major supplier to be increasing its gas charges by an average of 18 per cent and electricity by 11 per cent.
