Elise Melville, energy expert at Uswitch.com, comments: “A slight drop in the price cap in January might sound like good news to households, but this would still leave energy costs 8% higher than fixed deals currently available.
“There are plenty of fixed energy tariffs that are cheaper than the October price cap and more are coming on to the market as competition increases.
“The current cheapest fix is from Outfox The Market and costs £1,555 for households with average usage, which is £162 less than October’s price cap. There are several other deals from a range of suppliers offering savings of more than £100.
“With the long-term outlook for energy prices uncertain, it’s worth taking the opportunity to lock in lower rates before the start of winter.
“The easiest way to check your options is to run a comparison at Uswitch.com, where you’ll be able to see available tariffs with personalised costs based on your household energy usage.”
ENDS
For more information
Beverley Noble | Energy PR Manager
beverley.noble@rvu.co.uk
Twitter: @UswitchPR
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 find their energy, broadband and mobile deals 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.