Which? responds to Cornwall Insight's latest predictions that the energy price cap will fall in January
Emily Seymour, Which? Energy Editor, said:
"While it's positive that the price cap is predicted to fall slightly in January, prices will still be higher over the winter than they were earlier this year.
"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 cheaper than the October price cap, 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.
"As winter approaches, this is the ideal time to review how you could take action to cut your bills. People can use Which?'s new home energy planning service to find out how they can heat their home more efficiently."
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Notes to editors