Should you switch to a fixed energy tariff?

As energy prices remain volatile and far above pre-2022 levels, is now the time to look for a fixed energy tariff? We check out the latest gas and electricity deals

Smart meter on a desk
(Image credit: Olga Dobrovolska via Getty Images)

Britons have felt the impact of rising energy prices in recent years – bills ballooned in 2022 after Russia’s invasion of Ukraine sent the price of energy soaring.

In the years since, consumers have started to feel some reprieve but average prices remain well above pre-2022 levels.

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Ofgem energy price cap rates, July-September
Row 0 - Cell 0

Electricity

Gas

Unit cost (per kWh)

25.73 pence

6.33 pence

Standing charge (daily)

51.37 pence

29.82 pence

Daniel is a digital journalist at Moneyweek and enjoys writing about personal finance, economics, and politics. He previously worked at The Economist in their Audience team.

Daniel studied History at Emmanuel College, Cambridge and specialised in the history of political thought. In his free time, he likes reading, listening to music, and cooking overambitious meals.

With contributions from