Which? comments on the energy price cap rise coming into effect on 1st October
Emily Seymour, Which? Energy Editor, said:
"Households may be apprehensive to hear that the energy price cap will increase by 2% to £1,755 for the typical household into the autumn, when we all tend to switch the heating on and use more energy.
"With prices predicted to remain at similar levels to the current price cap for the next three months, energy customers could find that it's a good time to shop around for fixed deals. As a rule of thumb, we'd recommend looking for deals cheaper than the current 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 current 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."
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