Energy suppliers could soon be offering fixed prices costing between £2,200 and £2,500, based on current wholesale costs. That is according to analysis from comparison service Uswitch.
The Government is expected to confirm within the Budget that the Energy Price Guarantee will remain at £2,500 on April 1. It was originally thought it could increase to £3,000.
Uswitch's analysis suggests suppliers could offer tariffs that beat those prices with fixed deals. This is because the wholesale cost has fallen by 60% since December 1..
