Uswitch also highlighted fixed tariffs from the likes of E.ON Next, Ovo Energy, EDF and So Energy that, at the time of writing, all offered decent typical savings against the current price cap.
This 12-month tariff is called Domestic Smart 1 Year Fixed Green Tariff Feb 25 and costs £1,620 for households with average usage, which is £229 less than the April price cap annual figure.
There is also a British Gas deal that fixes your payments for 16 months: Fixed Tariff v33, where the estimated yearly cost for an average dual-fuel household is £1,668, thereby offering a £181 saving on the April cap figure.
The industry regulator Ofgem has announced a 6.4% increase to the energy price cap, which is set every three months and limits the amount suppliers can charge for each unit of energy.
Since Ofgem’s last price cap announcement in November, four million customers have moved over to a fixed deal.
