UK households could see cheaper fixed energy deals launched within days after wholesale gas prices fell, according to money-saving expert Martin Lewis, offering a rare and immediate glimmer of relief after years of elevated bills.
Lewis said easing tensions between the United States and Iran have already pushed down wholesale natural gas prices, the key cost component suppliers use when pricing new fixed-rate tariffs. Because fixed deals respond far faster to market movements than the regulated price cap, he believes suppliers could begin rolling out slightly cheaper options almost immediately.
