Overview

• The cap will move to about £1,755 for a typical household, an increase of roughly £35 a year from the current level.
• British Gas told customers on standard variable tariffs that their prices will go up in October and promoted fixed options that keep rates unchanged.
• Below-cap fixes are available now, including an E.ON Next 12-month tariff at about £1,577, which undercuts today’s cap by £143 and October’s level by around £178; exit fees may apply.
• MoneySuperMarket said roughly 92% of households remain on variable rates, leaving them exposed to the upcoming increase.
• Energy advisers point to simple savings at home, such as turning thermostats down 1°C to save over £100 a year and avoiding one tumble-dryer load weekly to save up to about £80.