Consumers Will Feel the Pain with More Fuel Price Increases

18% rise in household fuel bills! 10% electricity for Powergen customers… When I heard the news, I thought ‘crumbs’.
It made me wonder how those struggling to pay their credit debts and loans now are ever going to be able to absorb these enormous increases.

I’ve yet to compare Powergen’s charges against their competitors and can’t help but wonder if it brings Powergen into line with the other companies - thus switching provider may be futile.

Having said that it's a good time to review your options by carrying out a cost comparison to see if it is worthwhile considering a switch in supplier.

Some authors have criticised this action when I’ve recommended it in the past – because it’s focusing on poverty however, I consider this to be "clever distribution of your finances"… Why pay more than you need to for utilities? Just like petrol – why pay more than you need to? Especially when that extra cash can be re-distributed to pay off your debts. When you are a millionaire, then you won’t need to consider switching!