Overview

• The cap is due to increase on 1 October, with the average household’s weekly energy costs estimated to rise by £17.02 compared with September.
• Uswitch advises anyone without a smart meter to send a meter reading by 1 October so September usage is billed at the lower rates.
• Failure to update readings could see over 7 million households collectively pay about £125 million more, according to Uswitch analysis.
• Fixed tariffs on the market are currently priced roughly £200–£215 below the October cap, Uswitch says.
• Top deals highlighted include Outfox Energy at about £1,540–£1,544 and Fuse Energy at about £1,545–£1,558 for average annual bills, equating to £197–£215 off the new cap.