![]() ![]() That's because the unit rate for electricity will change to around 28p per kWh and the unit rate for gas change to around 7p per kWh. The average electricity unit rate is around 30p per kWh and the average gas unit rate is around 8p per kWh.įrom 1 October, this will drop slightly to around £160 per month. Under the price cap, energy bills for a typical household are currently around £173 per month (or £2,074 per year). It doesn’t apply if you’re paying for a fixed tariff. It limits the price of a single unit of energy for customers on variable energy tariffs. Since 1 July, the energy price cap has been in place. If your fixed tariff has ended, or you've been moved from a failed supplier to a new one, you'll be on a variable tariff. The majority of us are on variable (also called out-of-contract or default) tariffs at the moment. But most won’t save you much compared with the current price cap and most variable tariffs cost pretty much the same. Some suppliers are offering fixed deals only to their existing customers. But these aren't normal times and there is a limited choice of fixed deals at the moment. ![]() Usually, we'd advise everyone to compare prices and switch energy supplier or tariff to get the best deal. Should I try to switch energy supplier at the moment? Energy researcher Sarah Ingrams, senior sustainability researcher Karen Lawrence, senior appliances researcher Jake Massey and Science Team Manager Steph Kipling answer some of your most commonly asked questions. Your data will be processed in accordance with our Privacy policy How to cut your energy billsĮnergy prices remain high, and most households are on variable tariffs subject to Ofgem’s price cap with limited options for cheaper deals. This newsletter delivers free money-related content, along with other information about Which? Group products and services.
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