Natalie Hitchins, Head of Home Products and Services at Which?, said:
“Many households have seen their energy bills increase during lockdown. While this latest cut to the price cap, which will bring it to its lowest-ever level, will be a welcome relief for customers on standard or default tariffs, they are still likely to be overpaying for their energy.
“Switching is the best way to save on your energy bill, so we’d urge anyone on standard or default tariffs to shop around and find a better deal – you could save hundreds of pounds a year.”
Notes to editors
Customers looking for cheaper energy deals can compare deals with Which? Switch, a transparent and impartial way to compare energy tariffs and find the best gas and electricity supplier.
Which? calculates that a medium user (using 12,000kWh gas and 2,900kWh electricity per year) on a dual-fuel default or tariff standard tariff at the level of the current price cap could save up to £255by switching to the cheapest deal on the market. Based on tariffs available in all regions in England, Scotland and Wales, paying by monthly direct debit, with paperless bills. Data is from Energylinx and correct on 7August 2020.