Capped energy tariffs

When you are on a capped gas and electricity tariff the prices remain the same from the point your supply is switched over up to a date specified by the energy supplier. Non-capped tariffs leave you open to any changes that are introduced and can mean that you are only on the original rates for a limited period. If you switch to a capped tariff you are protecting yourself against any increases in unit rates that may occur. Customers prefer to be on a capped tariff as it means that they can forget about the electricity and gas prices until the end of the capped period and have the peace of mind that comes from choosing a set of prices that are frozen.

If you have signed up to a fixed or capped price plan (where your rate is locked in for a set period of time), you may have to pay a cancellation fee if you switch. The fee will depend on the exact terms of your contract. Despite any charge involved, you may still be saving money by switching electricity and gas supplier. If you refer to your supplier's contract it will give details of any cancellation fee. You will then be able to take this into account when you do a price comparison.

Compare all home energy suppliers

Enter your postcode for a free energy supplier comparison...
 
Postcode >

Why do I need to give my postcode?