Overview
- Ofgem has confirmed the energy price cap will increase to £1,755 in October, a rise of about 2% on the current level.
- Utility Warehouse is advertising three new fixed tariffs reported at £1,582, £1,577 and £1,572 a year, which are presented as £173–£183 below the incoming cap.
- An earlier report listed the Utility Warehouse Fixed Start tariff at £1,715, creating a discrepancy with later articles that consumers should verify directly with the provider.
- Utility Warehouse is reported to offer up to £400 toward early termination fees for customers switching from existing contracts.
- Other options highlighted include Octopus Energy’s standard tariff reportedly priced below the cap and E.ON Next’s Next Pledge tracker that keeps rates under the cap and tracks falls with no exit fees.