Should I Fix Energy Prices Now?
Energy Price Cap – April 2026
Energy bills did fall in April, with Ofgem lowering the price cap for a typical dual fuel household from £1,758 to £1,641 per year (a drop of around £117 annually, or roughly £10 per month). However, this drop may be short-lived.
Prices are expected to rise significantly in July, with Ofgem’s next price cap announcement imminent.
Experts, including Martin Lewis, are already urging households who are not on a fixed tariff to consider fixing now, to avoid being exposed to potential increases later in the year.
For more information on the price cap itself and what it will mean for your bills, read here.
Should I Fix Energy Prices Now?
Put simply – YES.
Energy prices are expected to creep up again this summer, mainly because of ongoing issues in global energy markets. Things like the situation in the Middle East are putting pressure on supply chains, and it is likely to take a while for things to settle. Because of this, the next price cap set by Ofgem is predicted to rise, with some estimates suggesting a typical household bill could jump from £1,641 to close to £1,900 from July.
While that is not as extreme as what we saw in 2022, it is still a noticeable increase, especially if you are not on a fixed deal.
What this means in real terms is that day-to-day living could get more expensive. When energy prices go up, it often pushes up other costs too, like food. For many households, especially those on lower incomes, this hits harder as a bigger chunk of their money already goes on essentials like heating and groceries. Not everyone has savings to fall back on or the option to cut back much further, so these rises can be tough to manage, particularly if prices stay high into winter.
Find The Best Tariff and Save Money With LEAP
LEAP is a completely free energy advice service, helping you save money on your energy bills and stay warm during the colder months.
We’re proud to deliver the LEAP service in partnership with Peterborough City Council, South Cambridgeshire Council, and Rutland County Council.
After you’ve applied for LEAP and your eligibility has been checked, the LEAP bookings team will arrange for one of our highly skilled Home Energy Advisors to visit your home, at a time that suits you.
During the visit, they will conduct an energy assessment of your property, provide energy-saving advice, and install FREE energy-saving measures such as LED light bulbs, draught excluders, and more. They can also refer you for extra support, including income maximisation services or larger energy efficiency upgrades and appliances if needed.
With a free home energy visit, we can:
- Check you’re not paying more than you should
- Review your tariff and help you find the best option
- Make sure your bills are accurate
- Help you fix your tariff now, while you still can
- Offer tailored advice to reduce your energy use
Our goal is to ensure you’re on the most cost-effective plan available, potentially saving you hundreds of pounds each year.
LEAP Eligibility
You’re eligible if:
- You have a low household income (less than £31,000)
- You receive universal credit
- You receive housing benefit
- You receive an income or disability related benefit
- Another type of means-tested benefit
Don’t wait until it’s too late!
With the energy price cap set to rise in July, now is the time to review your options. Don’t wait until your bills increase – take action now to secure a more stable and affordable energy plan.
ABOUT US
Green Energy Switch (GES) delivers a broad range of energy services across the UK; specialising in working with social landlords and local authorities. Established in 2006, GES is a subsidiary of environmental charity PECT. We gift-aid any profits to PECT to help fund their vital work. In doing so, we are the lead sponsor of their Forest project. So far over 131,000 trees have been planted, equating to a remarkable reduction of over 1,300 tonnes of carbon emission.
