energy
Published 27 Jan 2025
2 min read
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.
Written by: Michelle Kight
Financial content writer
Published: 27 January 2025
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.
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.
Written by: Michelle Kight
Financial content writer
Michelle is a qualified journalist who spent over seven years writing for her local online newspaper. Having grown up in some of the North West’s most deprived areas, she has a first-hand and empathetic understanding of what it means to face serious money worries. With a strong interest in mental health issues, she is a keen advocate of boosting the accessibility of financial wellness services.
Published: 27 January 2025
The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.
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Written by: Michelle Kight
Financial content writer
Published: 27 January 2025