By THIS IS MONEY

Updated: 10:02 GMT, 25 February 2025

Households face higher energy bills after Ofgem revealed a bigger than expected jump in the price cap.

It will rise by £111 to £1,849 from April 2025, meaning pricier energy for those on variable tariffs.

The price cap is a limit, set by Ofgem, which caps the maximum amount an energy firm can charge for the units of gas and electricity households use.

It is thought as many as four in five households are now on these style tariffs after falling out of fixes during the energy crisis. 

However, they could now save substantial sums by fixing, according to latest best buy data from comparison website uSwitch.

Below, it reveals the cheapest deals available as of 7.30am on 25 February 2025 that undercut the price cap by a distance.

What is the energy price cap and how will a rise affect your bills?

How to save money on energy: What you need to know and tips that work

TOP TEN ENERGY FIXES TO BEAT THE PRICE CAP
Supplier Tariff Fix duration Average annual bill Saving vs the April price cap (£1,849) Exit fees
Outfox the Market Fix’d Dual Feb25 v2.0 12 months £1,670 £179 £25 per fuel
Outfox the Market 18-Month Fix’d Dual Feb25 v2.0 18 months £1,671 £178 £50 per fuel
Outfox the Market 2-year Fix’d Dual Feb25 v2.0 24 months £,1672 £177 £75 per fuel
British Gas Fixed Tariff V32 16 months £1,677 172 (+£20 Uswitch cashback*) £50 per fuel
OVO Energy Extended Fixed 25 February 2025 17 months £1,680 £169 £75 per fuel
So Energy So Aspen Two Year – Green 24 months £1,682 £167 £75 per fuel
EDF Energy Simply Fixed Jun26 16 months £1,700 £149 £25 per fuel**
E.ON Next Next Fixed 16m v8 16 months £1,705 £144 £50 per fuel
OVO Energy 1 Year Fixed 25 February 2025 12 months £1,713 £136 £50 per fuel
So Energy So Aspen One Year – Green 12 months £1,726 £123 £50 per fuel
Source: Uswitch.com. Prices correct as of 7:30am on 25 February 2025. Tariffs included within the table are the cheapest non-bundle fixed tariffs, not variable or tracker. All energy tariffs and prices mentioned are subject to change without notice, and rates vary upon region. These are the cheapest tariffs available based on suppliers who have updated Uswitch with their rates.ÊÊ
*Uswitch Cashback is only available to customers who switch through Uswitch.com
**No exit fees when taken direct

Can you save money on energy bills? Check the best fixed deals 

When energy prices spiked most households slipped energy price cap tariffs, but it is now possible again to switch to fixed rate energy deals that can save you money. 

This is Money’s recommended partner uSwitch lets you compare the best energy deals for you, based on your home and gas and electricity costs.

> Compare the best energy deals with uSwitch* 

By entering your address and energy usage, you can search for energy deals that can cut your costs and suit how you live.

Switching energy provider can also help the planet, if you move to one of the a green deals offering electricity from renewable sources and more environmentally-friendly gas.

> Check the best fixed rate energy deals with uSwitch and This is Money*

*Affiliate links: If you take out a product This is Money may earn a commission. This does not affect our editorial independence. 

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Best fixed energy deals to beat the rising April 2025 Ofgem price cap



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