s_dog Posted February 24, 2022 Share Posted February 24, 2022 The price cap only applies to the variable/standard tariff. There is nothing to stop suppliers offering you a fixed deal at a higher price, and currently, there are no fixed tariffs available that are any cheaper than the current price cap, they are all a bit more expensive. Also worth noting, that as per the OFGEM website, the prices given by them for the price cap are "averages and will vary by region, payment method and meter type" https://www.ofgem.gov.uk/check-if-energy-price-cap-affects-you The current price cap will last until October 2022. No one knows how long the current very high gas prices will last (and what's happening in Ukraine won't help it in any way), but it's already thought that the next price cap rise in October will add another 20% increase. I think even Martin Lewis is a bit lost with what to advise people right now. 0 Quote Link to comment Share on other sites More sharing options...
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