Ben Gallizzi, energy expert at Uswitch.com, comments: “This predicted rise in April’s price cap would mark a third consecutive hike for energy prices, adding to the current pain for households.
“This increase could mean the average household on a standard variable tariff would pay 1% more on their rates from April – on top of the 1% increase in January that we’re yet to pay.
“This is an early prediction so this 1% rise isn’t guaranteed, but energy prices remain uncertain.
“There are now a range of fixed deals available that are significantly cheaper than the predicted price cap for January, so it is well worth running a comparison to see how much you could save. Right now, the average household could save up to £112 per year against the current price cap by switching to a twelve month fixed deal[1].
“Consumers who are worried about paying their energy bill should check what energy help they are eligible for, and contact their supplier who may be able to offer support.”
Notes to editors
1. Cheapest 12-month fix is Outfox the Market’s Fix'd Dual Dec24 v1.0 tariff, costing £1,626 a year for typical consumption. Prices correct as of 9:45am on 10 December 2024.
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.