Which? comments on increases to the energy price cap
Lisa Barber, Which? Home Products and Services Editor, said:
“Many people may already be struggling to keep up with their energy bills, and will be frustrated by yet another sharp price hike on the horizon which will hit their pockets this winter when their energy usage will inevitably increase.
“With cheap deals disappearing from the market fast, energy customers on default or standard variable tariffs should not hesitate any longer and switch to a better tariff or provider as this is the best way to keep bills down – you could find a deal £241 cheaper than the new price cap level. Consumers should choose a fixed tariff if they want price stability.”
-ENDS-
Notes to editor:
Customers looking for cheaper energy deals can compare deals for free with Which? Switch, a transparent and impartial way to compare energy tariffs and find the best gas and electricity supplier for you.
Which? calculates that a medium user (using 12,000kWh gas and 2,900kWh electricity per year) on a dual-fuel default tariff at the level of the new price cap could save up to £241 by switching to the cheapest deal on the market. Based on tariffs across England, Scotland and Wales, paying by monthly direct debit, with paperless bills. Data is from Energylinx and correct on 5 August 2021.
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Statement: energy price cap, Lisa Barber