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Will you save money on gas and electricity with today’s energy price cap announcement? The difference between the price cap and the cheapest energy deal is more than £300 per year, so you’ll cut your bills by switching.
The energy price cap is one year old. We look at how much it has likely saved customers on default gas and electricity tariffs with the biggest energy firms, including British Gas, Npower, EDF Energy. Save £350 on your energy bills.
The energy price cap has been cut by £75 but you will still save more money on gas and electricity by switching energy supplier. Compare gas and electricity prices to see if you could save £315 per year compared with the price cap.
The energy price cap will cut customers’ gas and electricity bills by around £xx per year. But you could save closer to £400 by switching gas and electricity firm. Find out if you are protected by the energy price cap and how to save money.
Shell Energy customers who were on First Utility’s default or standard tariff for gas or electricity are due compensation, after they were overcharged in relation to the default tariff cap. Find out if you’re owed money for energy.
British Gas, EDF, Eon, Npower, Scottish Power and SSE all now charge customers on their standard tariffs close to the maximum permitted by the price cap. Find out if you could save £329 per year. Compare gas and electricity prices.
SSE is the last of the Big Six energy firms to raise gas and electricity prices for customers, following the increase to the energy price cap. Customers will pay 10% extra per year on average, adding £117 to their energy bills.
One week after an increase to the energy price cap was announced, EDF Energy, Eon and Npower have all announced price rises of the maximum permitted under the cap from April. Save £348 per year on gas and electricity by switching.
The price cap on standard and default energy tariffs will increase by £117 per year on 1 April 2019. Customers could end up paying more for gas and electricity than they did before the price cap. Compare gas and electricity prices now.