Avoid the energy price cap!
Ofgem announced this month that they’re increasing the energy price cap, the maximum a supplier is allowed to charge for the energy tariffs. This will affect those most on standard or default tariffs, or those with prepayment meters who could see prices rise by around £153 a year.
However, as wholesale costs have increased by around 50% this year, it’s likely that if your fixed price deal is coming to an end soon you’ll need to pay more when you switch to a new tariff.
Find out how you can avoid the energy price cap in our blog. If you’re worried about how much you’re paying for your energy use give us a call on 01592 807930.