Richard Neudegg, director of regulation at Uswitch.com, comments: “A 7% fall in the price cap from July will reduce the average annual bill by £129 for the millions of customers still sitting on a standard tariff - a welcome break in the clouds in time for summer.
“But the savings from fixed deals are far bigger than this drop. The cheapest fixed deal could save the average household £203* a year compared with the July price cap.
“Millions of homes are already paying cheaper rates than the new July cap, after switching to a fixed deal.
“There are plenty of fixed deals still available that beat both the current and July energy rates. So for households still sitting on a standard tariff linked to the price cap, now is a great moment to lock in fixed savings before the winter gloom returns.”
ENDS
Notes to editors
* Outfox the Market, Fix’d Dual May25 12M v5.0, £1,517 average annual bill, 12-month fix, exit fees £50 per fuel, available direct via Outfox the Market. Prices correct as of 6:54am on 23 May 2025.
For more information
Beverley Noble | Energy PR Manager
beverley.noble@rvu.co.uk
Twitter: @UswitchPR
About Uswitch
Uswitch is one of the UK’s top comparison websites for home services switching, including energy, broadband and mobiles.
More people go to Uswitch to find their energy, broadband and mobile deals than any other site, and we have saved consumers over £2.7 billion off their bills since we launched in September 2000.
Free mobile app Utrack also helps households manage their home energy usage and make potential savings.
Uswitch is part of RVU, a group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.