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Ofgem will increase the price cap from 1 January. If you’re on one of our Variable tariffs, your energy prices will be rising.
Protect yourself against the rise. Our new fixed energy tariff is cheaper than the January 2024 price cap1. Read our blog to find out why now could be a good time to choose a fixed tariff.
If you’ve already decided and want to make the switch, it’s easy.
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Ofgem review and update the price cap level every three months and it can increase or decrease. The price cap doesn’t limit your total bill, which depends on how much energy you use. The energy price cap level for the period 1 January to 31 March 2024 is £1,928 a year for a typical household who use gas and electricity and pay by Direct Debit. This is based on an annual gas usage of 11,500 kWh and annual electricity usage of 2,700 kWh, Our 1 year fixed tariff is priced at £1,855 a year for a typical household who use 11,500 kWh gas a year and 2,700 kWh electricity a year and pay by Direct Debit. Eligibility and terms and conditions apply.