Which? responds to Cornwall Insight's latest predictions that the energy price cap will rise by 9 per cent in October
Emily Seymour, Which? Energy Editor, said:
"Many households will understandably be worried to hear that the energy price cap is predicted to rise by 9 per cent from October - a time of year when we all start to use more energy.
"People could try shopping around for energy deals - look out for any that might be cheaper than the October price cap when it comes into effect. Unfortunately, there's no 'one size fits all' approach when it comes to fixing an energy deal - it will all depend on your individual circumstances. You should compare what your monthly payments would be on a fixed deal with what you'd expect them to be if you remain with the price-capped variable tariff to see what the best option is for you.
"As a rule of thumb, we'd recommend looking for deals around the price of the current price cap (from July-October 2024), not longer than 12 months and without significant exit fees. Consumers can use switching services, like Which? Switch Energy, to keep an eye on the best fixed deals available and compare deals to see what’s cheapest for them."
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Notes to editors