A MAJOR energy supplier is offering a new fixed deal which is cheaper than the energy price cap. Ovo Energy has launched a fixed tariffs for existing customers that is below the current £2,500 ener…
Experts are predicting that after this, the average bill could fall below this, to £2,200 from July.Below we explain all the details of Ovo's new deal, plus what you can do to lower bills now.Ovo is offering a one-year fixed tariff priced at an average annual cost of £2,275 a year based on typical dual-fuel use.This means that if you pay quarterly or use a prepayment meter, you won't be able to take advantage of the deal.
Suppliers could currently be offering fixed deals costing between £2,200 and £2,500 a year for the average household, according to USwitch. He added: “When fixed deals return, consumers will need to weigh up whether signing up to one is the best option for their individual circumstances.
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