Cheaper fixed-term gas and electricity deals could make a comeback within months, experts are predicting. Soaring bills have virtually put an end to the practice of shopping around for the least expensive tariff as suppliers have been unable to offer anything significantly cheaper than the energy price cap.
In 2019 almost 500,000 customers were switching suppliers every month. But in 2022 just 85,000 households were changing providers each month.
However, energy consultancy Cornwall Insight said the number of customers switching to a new supplier could soar from the start of July.
