Switching to a fixed deal could help you – here’s how
The energy price cap in the UK has increased by 6.4%, adding £111 annually for the average household. This rise, effective from April 1, is primarily due to higher wholesale energy costs. Households can mitigate this increase by switching to fixed tariffs, which protect against price cap rises. Since November 2024, four million customers have moved to fixed deals, with 11 million now on fixed tariffs. Support is available for those struggling, including extended debt allowances, state benefits like the winter fuel payment, and assistance from energy suppliers to establish affordable payment plans.
