Elise Melville, energy expert at Uswitch.com, comments: “The sudden change from a 1% to 3% increase in the April price cap prediction suggests that energy prices will remain uncertain into next year.
“This prediction would mean the average household on a standard variable tariff would pay 3% more on their rates from April – on top of the 1.2% increase in January that consumers will be paying from tomorrow.
“Forecasts get updated as conditions change, so this 3% rise isn’t guaranteed, but energy prices continue to be unsettled.
“Right now, there are a range of fixed deals available which offer significant savings versus the January price cap. The average household could save up to £148 per year against the January price cap by switching to a 12-month fixed deal[1].
“Anyone who is worried about paying their energy bill should contact their supplier, who may be able to offer support.”
Notes to editors
1. Cheapest 12-month fix is Outfox the Market’s The Big January Sale (Jan 25) - Fix'd Dual v1.0 tariff, costing £1,590 a year for typical consumption. Prices correct as of 10:10am on 30 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.