Fixing fuel bills might reduce debt

UK consumers struggling to control their outgoings and avoid debt problems might think about fixing their energy bills for a long period, to avoid being stung by future increases.

Energy prices have already shot up dramatically in 2008 but experts forecast that premiums will continue to grow. By agreeing a fixed price over a long period of time, consumers normally pay over the odds in the short term but make that money back in the future.

Scott Byrom from MoneySupermarket commented, "Although capped prices offer peace of mind, they come at a premium. Brits looking to stay on the cheapest deal available should consider dual fuel online products."