Uswitch responds to Cornwall Insight’s prediction for July’s energy price cap

Will Owen, energy expert at Uswitch.com, comments: “Predictions of an 8% fall in energy prices in July are another step in the right direction for households who have been struggling with the cost of living over the last few years.

“Turbulence in the wholesale market is reflected in these predicted prices being higher than the last forecast.

“These new estimates also take account of changes implemented by Ofgem to help suppliers with bad debt, and reducing bills for prepayment meter customers to the levels of those using other payment methods.

“Energy prices are forecast to rise into autumn and winter, so for the many households wanting price certainty, now is a good time to consider fixing.

“We’re increasingly seeing suppliers offer better value deals, but Ofgem’s steps to reform the price cap must encourage more innovation from suppliers and bring back competition on price and customer service.

ENDS

Sarika Patel

Senior PR Manager

sarika.patel@uswitch.com

About Uswitch 

Uswitch is one of the UK’s top comparison websites for home services switching, including energy, broadband and mobiles. 

More people go to Uswitch to switch their energy, broadband and mobile than any other site, and we have saved consumers over £2.7 billion off their bills since we launched in September 2000.

Free mobile app Utrack also helps households manage their home energy usage and make potential savings. 

Uswitch is part of RVU, a group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.