Snap up cheaper energy deals sooner rather than later

Millions of households are being urged to snap up cheaper energy deals before the next price cap change on 1 April.

Fixed deals and tracker tariffs haven’t yet been affected by rising wholesale energy prices – but this is set to change on 1 April.

The price cap is expected to jump by about 3% compared to January.

Why act now?

February is one of the highest months for energy use.

Households typically use:

• 13% of their annual gas
• 10% of their yearly electricity

Lock in a cheaper energy deal

Comparison site Uswitch.com says households can still take advantage of some fantastic deals by switching now.

EDF’s 12-month tracker tariff offers a guaranteed discount of around £100 compared to the price cap (available exclusively at Uswitch and Confused.com).

Fixed deals are also plentiful, with savings starting at £110 a year.

‘Protect yourself from upcoming price rises’

Will Owen, energy expert at Uswitch.com, says it’s unusual for such great deals to be on offer and warns they might only be available for a short period of time.

“If you’re on a standard variable tariff, now is the time to protect yourself from upcoming price rises. Run a comparison to see what deals are available to you,” Owen adds.

Compare

These deals won't last forever, so a quick comparison on Uswitch.com could save you a bundle.