Press statement
Which? response as Ofgem announces rise in energy price cap from 1st January
1 min read
Emily Seymour, Which? Energy Editor, said:
“As the weather gets colder, many households will understandably be worried to hear today's announcement that the energy price cap will increase by five per cent for a typical user from January to March.
“With millions already struggling to make ends meet, it was disappointing that the Chancellor did not announce any additional energy support for this winter or beyond in yesterday's Autumn Statement. A properly targeted social tariff is desperately needed to ensure the most financially vulnerable are able to heat their homes.“If you are concerned about struggling to pay higher bills, don't suffer in silence - there is help available. Speak to your energy provider about a payment plan you can afford and check to see if you qualify for any government schemes.
"We’d also recommend that everyone without a smart meter takes a meter reading on or close to 31 December to make sure they don't overpay for any energy used before the new price cap takes effect."
Notes to editors
Fixed deals
- Fixed deals are starting to return to the market but Which? would not recommend fixing anything higher than the unit rates or standing charges in your current deal or for longer than a year.
- If you are offered a deal, then it is really important to check the tariff’s exit fees in case you want to leave that deal early if the price cap comes down or you find a better deal.