Finance

Households may save on energy bills by switching to fixed deals

The Guardian · August 29, 2026Original source ↗

Households may save on energy bills by switching to fixed deals

What happened

The government's price cap on energy will increase in October, with predictions of further rises in January. As a result, households could potentially save up to £173 per year by switching to fixed energy tariffs.

Why it matters

This information is significant as it informs consumers about potential savings amidst rising energy costs.

How this story affects people

How does this story affect you if you are a household in Great Britain?

You will face the highest energy charges in three years due to the government's price cap increase. Switching to a fixed energy tariff could save you up to £173 annually, helping to mitigate the impact of rising costs.

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