Richard Neudegg, director of regulation at Uswitch.com, comments: “A predicted 7% drop in energy prices in July is clearly good news, with the price cap looking likely to hit its lowest level in over two years.
“The future still remains uncertain, and with the price cap changing every three months – currently expected to rise in October before falling slightly in January – it’s crucial not to be complacent.
“Households who want to lock in rates for price certainty should run a comparison to see what energy tariffs are available to them.
“There are many 12-month fixed tariffs available at rates cheaper than the current price cap, and even some that are 2% below these new predicted July rates.”
ENDS
About Uswitch
Uswitch is one of the UK’s top comparison websites for home services switching, including energy, broadband and mobiles.
More people go to Uswitch to switch their energy, broadband and mobile than any other site, and we have saved consumers over £2.7 billion off their bills since we launched in September 2000.
Free mobile app Utrack also helps households manage their home energy usage and make potential savings.
Uswitch is part of RVU, a group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.