Fixed-rate energy deals are starting to look tempting once again as the energy crisis hits households hard - but is it time to switch, or weather the storm a little longer?
Ofgem last week warned the energy price cap could rise by 42 per cent in October, to £2,800 for an average household, the Times reports. But expert advice has remained constant since the crisis began - do not fix your bills, stay on a standard tariff protected by the cap.
However, Uswitch indicates there are currently 13 fixed tariffs available that charge less than £2,800 for the average household - the cheapest coming from Eon at £2,600 a year. Meanwhile, Ovo is offering two-year fixed deals that work out at roughly £2,700 and £2,500 for the average dual fuel customer.
