Energy price cap: What next for gas and electricity bills and can I fix?

Published: 6/19/2025
Energy price cap: What next for gas and electricity bills and can I fix?
Gas and electricity bills are set to fall on July 1 as the new energy price cap takes effect, reversing previous increases. The cap, set by Ofgem, determines the maximum charge for energy units based on a typical household's usage. Customers can consider fixing their energy prices with fixed-price deals for price certainty, but standing charges, which cover supply connection costs, are changing and can impact bills. To find the best energy deal, customers are advised to compare offers on energy price comparison sites.