Which? comments ahead of the new energy price cap coming into effect on 1st July

Emily Seymour, Which? Energy Editor, said:

"Consumers will be relieved that the energy price cap will fall by 7 per cent from 1st July. 

"The change to energy prices means that the summer could be a good time to shop around for fixed deals. As a rule of thumb, we'd recommend looking for deals cheaper than the price cap, not longer than 12 months and without significant exit fees.

"If you are on a fixed deal from earlier in the year which leaves you paying more than the July price cap then you might be considering switching early. Check whether your contract has exit fees - if yours has no or low fees it could be worth changing to a new tariff. Some contracts charge large fees to leave early, which would cancel out any savings.  

"If you've not yet fixed a deal and your variable rates are changing from 1 July, submit a meter reading  to ensure you pay the cheaper rates for any energy used after the new price cap takes effect."

-ENDS-