Skip to main content

Live energy updates and information - Energy Price Guarantee to see energy prices frozen at £2,500 for two years

We know there's a lot going on in the energy market right now, with bills rising, suppliers exiting the market, and lots of jargon being used which can make things confusing. Uswitch can help you make sense of it all here.

Energy Price Guarantee to see energy prices frozen at £2,500 for two years

8 September 2022, 11.43: The government has announced an Energy Price Guarantee that will see the energy price cap frozen at £2,500 per year from 1 October. The freeze will last for two years.

This followed the August announcement that the price cap would rise to £3,549. Aware of the financial stress that this would put millions of households under this winter, the government has taken steps to alleviate that pressure.

Energy price rises and the general cost of living crisis will naturally have you concerned about the impact on your bills, which have already risen significantly in the last few months, but Uswitch is here to advise and support you through this difficult period.

Find out more about the price cap and the actions you can take to manage your bills here:

What is the Energy Price Guarantee and what does it mean for you?

Find out what your next step should be with the Uswitch Quick Checker

What is the energy price cap?

What are the government energy relief measures and what do they mean for you?

Is it time to fix your energy deal?

The Don't Pay campaign and its risks explained

How can you save money across Uswitch?

Get help paying your energy bills

Energy-saving tips

What else can you do?

Quick Checker Mock-up
Check your options

See what energy support schemes or grants you - or any vulnerable friends or relatives - may qualify for, from either the Government or energy suppliers. Stay up to date with what’s happening in the energy market so that you will be ready to switch when the time is right. The Uswitch Quick Checker provides personalised information about your energy plan and a recommendation of what you should do.

Smart meter on table
Check your home energy use

It’s more important than ever to be energy efficient.

There are simple and affordable ways to prevent heat loss, such as draught-proofing doors and window frames, bleeding radiators and keeping thermostats at a steady temperature. Check out our other energy saving tips here.

two people at home sorting out their bills
Check your other household bills

While there are currently no savings when it comes to your energy bill, you may be able to cut costs on your other household bills. Reviewing broadband, TV and mobile contracts with Uswitch could be a quick and easy way to make a reduction on your monthly outgoings.

Find out what energy help is available to you

Our easy to use tool shows you which government and supplier-specific energy help schemes you might be able to sign up for depending on your eligibility.

Quick Checker Mock-up

Latest news updates

What are the do's and don'ts of switching to a fixed deal now?

With the energy price cap confirmed to rise in October and expected to rise again in and January, we might have come to the point where it could be worth considering signing up to a fixed energy tariff. However, before you commit to a fixed deal, you should consider the following:

  • 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 some 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. It’s important to keep a close eye on the market and run regular comparisons to see what deals are on offer. By signing up to alerts, you will be able to stay close to what’s happening in the energy market and be informed when a good deal comes along. 

  • Don’t just go for the first deal you’re offered. Just because a deal is available doesn’t mean it is a good one or the right one for you. Consider the price of the deal, how long it is for and how important stability is for you right now.

  • Don’t get a deal you cannot afford. Make sure you can afford the deal you choose to take and do not feel pressured into taking one that you will 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 the estimated amount you will use over a year and may not be the actual cost. Make sure you look at the unit price and standing charge so you can understand how much you will be charged for your energy usage and how it differs from what you are currently paying.

Our latest news articles

How can we help you?

We know and appreciate that this is a difficult time for customers, and we want to do everything possible to make sure you have the right information at this time so you can make the right decisions.

Community engagement events

We also regularly attend community engagement events so we can address your questions and concerns in person. See below for a list of our upcoming events:

  • 22 September 2022: Information stall: Ingeus, St. Ann's House, St. Ann's Street, Manchester, M2 7LP (9am – 3:30pm)