This table summarises the energy price cap level for the period from 1 April 2019 to 30 September 2019. It breaks the energy price cap down by fuel, meter type (standard and Economy 7) and shows the change in price cap levels compared to the preceding cap.
With effect from 1 April 2019 energy consumers on Standard Variable Rate tariffs and other default tariffs saw their energy bills rocket by an inflation busting £123. This has taken the energy price cap back above the level it was before the price cap came into effect.
So, just 3 short months after it came in existence, the energy price cap is costing you more than before. And because of that, you can save even more by switching energy supplier than you could before it ever existed. Quick question. Wasn’t it supposed to do the exact opposite?
That worked well then.
Needless to say, when a bad deal gets badder, it really is time to make the switch.
First time switcher? Please read this first.
If you want to know how the Energy Price cap level for 1 April 2019 will affect you, this comprehensive energy price cap guide will hopefully answer all your questions.
All other consumers, please pop your postcode into the box at the bottom of this page to get started.
| Energy Price Cap (Default Tariff Cap) v2 | ||||
|---|---|---|---|---|
| Announced Runs from Runs until | 7 Feb 2019 1 Apr 2019 30 Sep 2019 | |||
| Fuel | Direct Debit Bill (£) | Change (£/%) | Standard Credit Bill (£) | Change (£/%) |
| Gas | 593 | +51 (+9.4%) | 636 | +54 (+9.3%) |
| Electricity (standard meter) | 661 | +66 +(11.1%) | 708 | +69 (+10.8%) |
| Dual Fuel (standard meter) | 1,254 | +117 (+10.3%) | 1,344 | +123 (+10.1%) |
| Electricity (economy 7 meter) | 815 | +84 (+11.5%) | 870 | +89 (+11.4%) |
| Dual Fuel (economy 7 meter) | 1,408 | +135 (+10.6%) | 1,506 | +143 (+10.5%) |
| Source; energyscanner, Ofgem |
To avoid getting hit with the Energy Price Cap increase you must not put this off.
Read more…
– What is the energy price cap?
– Energy Price Cap – Pros and Cons
– Energy Bills Forecast
– Official 1 April 2019 energy price cap announcement
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