Has your new energy contract been rolled over from your previous one? If so, you could be paying around 61% more – or £1,600 – than your average energy bill as a result of it.
New statistics from Energy Forecaster showed almost a third (1.5 million) of UK firms have had their energy contracts rolled over.
A rollover is when a supplier automatically signs a customer up to a new energy contract when their previous one ends. This could happen without the consent of the customer, committing them to a contract for a 12-month period.