Energy bidding battle

Commenting on First Utility reducing the cost of its dual fuel tariffs, and Scottish Power reducing its Online Energy Saver 7, Gareth Kloet, head of energy at Confused.com, said: "First Utility reacted rapidly to E.ON's tariff tinkering yesterday and it looks like there's no end in sight in the fight for the top spot. However it's more of a battle and less of a war at the moment. Although Scottish Power made an attempt today by reducing its Online Energy Saver 7 tariff, we're still waiting for the Big Six to really show their hands. This clash of the energy titans is by no means over and failing to take advantage of this competitive spirit could lead to big losses.

It is good news to see that the tariff changes will apply to existing customers who may already be with First Utility. Nonetheless the message, as always, is to take advantage of these offers whilst they're available as complacency will not compel the energy providers to continue to come up with innovative new deals. With the winter round the corner there has never been a better time to review your tariff and make sure you are getting the best value for your situations. Best buy tables do not tell the full story, especially in their current state of flux, the only way to find out the most economical choice is to go online and compare tariffs like for like."