Press statement

Which? responds to the latest predictions that the energy price cap will rise by 1% in October

1 min read

Emily Seymour, Which? Energy Editor, said:

"With prices predicted to remain at similar levels to the current price cap over the autumn, 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."

-ENDS-