Britons warned 'now is a strong time to fix' as energy price cap could rise 10% - full list of cheapest deals
The next energy price cap review is set to take place in August
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Britons could face a 10 per cent energy bill rise from October 1 as the energy price cap increases, but they can fix at current prices or less right now.
Although the energy price crisis has slightly improved, 80 per cent of households could be left with soaring energy bill prices over the winter.
On July 1, the energy price cap fell to £1,568 a year for a typical use household paying by Direct Debit.
However, the energy price cap is predicted to rise substantially by 10 per cent, on October 1.
Analysts say it will stay around this level until January when the next quarterly change takes place.
But Britons could avoid any shock changes in their energy prices this winter by finding a cheaper fix now.
Martin Lewis and his team have suggested "this looks a strong time to fix"
PAIn the latest MoneySavingExpert's Money Tips Email, Martin Lewis and his team have suggested that "this looks a strong time to fix".
With the current deals on the market, Britons could fix what they pay for a year at one per cent lower than the current Price Cap, and far lower than the predicted Cap from October.
It should be noted that the cheapest deals will depend on where someone lives, how they pay, and how much they use.
Britons can use comparison tools to find the best deals.
According to the MSE team, these are the cheapest standalone energy fixes - all for 1yr (1):
Outfox the Market
Outfox the Market is offering a deal which is one per cent less on average cheaper than the current energy price cap.
Their Fix'd Dual Jul24 v3.0 is for new and existing Outfox customers.
It is only available to Dual fuel users only who pay by Direct Debit. Customers do not need a smart meter.
British Gas
British Gas is offering a deal which is the same as the current energy price cap on average.
The Fixed Tariff 12M v8 is for new and existing British Gas customers who use dual fuel or single fuel.
Customers must pay by Monthly Direct Debit / cash / cheque. Customers do not need a smart meter.
EDF
EDF Essentials 1yr Aug25 offers the same price as the current energy price cap on average.
It is available to new and existing EDF customers using dual fuel or electricity only.
They can pay Monthly Direct Debit / cash / cheque or on prepay if they have a smart meter.
Customers need to have/apply for a smart meter.
Ovo
OVO's 1 Year Fixed deal is one per cent higher on average than the current energy price cap.
It is available to new & existing Ovo customers using Dual fuel or electricity only.
Customers must pay Monthly by Direct Debit only and need to have or apply for a smart meter.