Some of the leading gas and electricity suppliers have started to get rid of some of their best gas and electricity rates on offer in the market suggesting that the price of gas and electricity is set to rise in the near future.

Some of the previsions are that people could see their gas and electricity bills rise by as much as £150 per year due to the increase in the wholesale prices that gas and electricity suppliers are having to pay for the commodity.

It has been recommended the wholesale costs for the gas and electricity suppliers has increased by as much as 32% in the past year and we can be assured that most of this if not all of it will be past to us the consumers as the energy companies will not want their net to drop.

The foretelling is that the prices will heighten early in the New Year 2011 when most consumers will consume more gas and electricity than any other time of the year which seems to be the normal in the utilities industry.

We the consumer need to act know to try and assist our self from these imminent increases in gas and electricity rates and the way to do this is by visiting a utilities comparison site such as moneyandme and review our gas and electricity bills with a view to getting a better deal than that we are currently paying.

Many of the big energy companies will give you ensures that your gas and electricity rates will not increase for the next 12 months and we would suggest that this is the type of tariffs we should be looking at to try and combat the increase earlier it becomes too late.

Other ways of life to combat the increase is to change your payment to direct debit and some energy companies will even give you a cheaper tariff if you will hold a paperless bill which most of us should be able to do as long as we have an email address. Doing one or both of the above will for sure help us subdue our energy bills so we would commend that you look at this when reviewing your current gas and electricity rates.