Should I fix my energy or stay on the price cap?

It depends on how much you value certainty and whether a fix beats the cap for your usage. Ofgem said fixes were available at £100 or more below the October cap. Check exit fees and compare unit rates, not annual estimates.

Evidence

Ofgem also notes that prepayment customers pay the lowest cap rates — about £45 less than Direct Debit on average. This is general information, not financial advice.

Sources

Last reviewed 22 October 2026

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