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Compare energy

Is it time to switch energy?

The price cap is now £1,690 until 30 June 2024. This is a two-year low for energy prices. It's worth assessing your options if you're on a standard variable tariff. Run an energy comparison to see fixed energy deals that are currently available.


Looking to switch your energy deal?

Why are energy prices so high?

Wholesale gas prices significantly increased in September 2021. This was a result of various factors putting pressure on supply and demand. This meant there was a knock-on increase to customers’ energy prices, which also increased via the energy price cap.

Prices have since come down and allowed energy suppliers to bring new energy deals back to the market, meaning switching is possible again. However, energy bills are still high compared to pre-crisis.

What is the energy price cap?

The energy price cap is a limit on the unit rates and standing charges that energy suppliers can charge for their standard variable tariffs. The cap is set by the UK’s energy regulator, Ofgem, four times a year.

From 1 April to 30 June 2024, the price cap is set at £1,690.

The cap applies to unit rates - that's the actual price that’s changing. But to more clearly report it to customers, the annual figure is based on an average use dual fuel customer paying by direct debit. Always remember that you could pay more than the cap if you live in a bigger house or use more energy. You could also pay less if you use less.

Guides on energy

What is the energy price cap?Information on the energy price cap set by Ofgem at a level of £1,690 for standard variabl ..01 April 2024
Get help paying your energy bills Get help paying your energy bills. There are options for those struggling - find out if yo ..22 February 2024
Energy prices by region Did you know your postcode determines your energy bills? Find out which areas in the UK ar ..01 April 2024

Should I switch energy now?

With the price cap due to drop to a two-year low and fixed deals returning to the market, you may be able to switch energy. The potential average savings you may see against the price cap are about the highest they've been since before the energy market crash. The price cap is predicted to decrease again in the summer, so it's hard to predict whether fixing now or sticking with a standard variable tariff will save you money in the long run.

If you can't see a deal that's right for you yet, make sure you sign up to be switch-ready and hear about our exclusive flash energy offers.

Looking for the EDF deal?

This is one of the cheapest energy-only fixed tariffs available to new customers. If you're looking for price certainty from a highly-rated supplier, this deal could be for you.

If you've compared energy with Uswitch before: enter your postcode below to compare energy prices and see the EDF deal.

If you haven't compared energy with Uswitch before: enter your email here.


Be the first to know about new energy deals

We've recently offered our switch-ready customers exclusive fixed deals from big suppliers such as EDF and British Gas.

Tell me when deals are available, along with news and insights Privacy Policy

How to compare energy prices

Energy deals are starting to return to the market as the market settles down, so it's worth comparing energy prices. The process only takes a few minutes and could help you save.

Tell us your postcode

Select your address from the list provided. You may also need to give us a couple of details about your plan, so it might help to have a bill to hand.

Compare energy deals

The deals currently available on Uswitch will appear in the results table, along with their estimated annual costs which are based on your usage details.

Confirm your switch

Once you've found a deal you'd like to switch to, confirm your switch and we'll do the rest! Your switch should be completed within five days.

How to compare energy suppliers

If you’re looking to switch energy, think about what’s most important to you in a new supplier when running an energy comparison. You can then choose the one that ticks those boxes - but make sure the deal it’s offering works for you as well

Will energy prices go up or down in the next few months?

It's difficult to predict what will happen to energy prices in the next few months. Cornwall Insight, the energy analyst, says that the next price cap (announced in May 2024) could drop as low as £1,463. The situation could change quickly, though, so keep an eye on market news if you're thinking of switching.

You can see the latest predictions below.

Price cap levelAnnual energy cost for an average usage medium-sized household paying by Direct Debit
1 July to 30 September 2023£1,976
1 October to 31 December 2023£1,834
1 January to 31 March 2024£1,928
1 April to 30 June 2024£1,690
Predicted energy price cap (1 July to 30 September 2024)£1,463
Predicted energy price cap (1 October to 31 December 2024)£1,521

Looking for a specific type of energy?

Gas-only energy deals

Electricity-only deals

Dual fuel energy deals

What should I consider when switching energy?

  • Do consider exit fees.

    You may change your mind about your fixed deal and want to switch. If this happens after your 14-day cooling-off period, you might have to pay an exit fee. Not all tariffs have them but most do, so make sure you know whether yours does.

  • Do consider the length of the deal.

    Most deals are for 12 or 24 months. During this time the price cap could rise or fall depending on market conditions, so consider how long you would like to stay locked in for. 

  • Do stay informed

    Most deals are for 12 or 24 months. During this time the price cap could rise or fall depending on market conditions, so consider how long you would like to stay locked in for. 

  • Don't get a deal you can't afford

    Make sure you can afford the deal you choose and don’t rush into one that you'll struggle to pay for. 

  • Don’t just look at the direct debit amount

    The price you pay through Direct Debit each month is usually based on your estimated energy usage over a year. This may not be the actual cost. Make sure you look at the unit rate and standing charge to work out how much you will be charged for your energy usage. You can also see how it differs from what you’re paying now.

    Find our more about fixing your energy deal here.

  • "First decent offer of a fixed price deal for a long time and the process took less than 5mins, could not have been easier."

    David Barr
    23 January 2024
    TrustScore 4.7 out of 5 | 23,169 reviews
    Our expert says
    "Fixed deals are starting to return to the market but, if you're interested in signing up to one, it's important to check all the details before you commit. When you compare energy with Uswitch you can see all the information you need to judge whether a new deal could work for you, including unit rates, daily standing charges and exit fees."
    Ben Gallizzi - Uswitch Energy Expert

    Control your energy with our free app, Utrack

    Utrack is a free mobile app that connects to your smart meter and can help you track your home energy usage.

    You can get:

    • Detailed insights about energy usage throughout your home
    • Daily, weekly, monthly and yearly reports and data
    • Energy-saving tips and advice.
    Explore Utrack

    Find out about saving on energy bills

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    What energy help can I get?

    If you’re struggling with your energy bills, there is help available. At the very least, energy suppliers are required to have plans in place to help customers who need it. These could include reducing or waiving payments for a while or switching over to a prepayment meter. The normal winter discount schemes - the Warm Home DiscountWinter Fuel Payment and Cold Weather Payment - all continue to operate.

    The government also announced a package of relief measures designed to help the most vulnerable.

    These include:

    • £900 for those on certain means-tested benefits to be paid in spring 2023, autumn 2023 and spring 2024
    • £300 for pensioners (in addition to the Winter Fuel Payment) to be paid in winter 2023-24
    • £150 for those on disability benefits to be paid in summer 2023
    • Financial help from the Household Support Fund (via local councils).

    Save money on your business energy

    Compare prices from trusted UK business energy suppliers and get your next business energy deal in minutes.

    Compare business energy

    Frequently Asked Questions

    Energy prices

    How to switch energy

    Types of energy

    Ben Gallizzi author headshot
    Written by Ben GallizziUswitch Energy Expert
    Published - 22 January 2024
    Updated - 12 April 2024