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There are currently 27 fixed energy deals available that can save households money, according to the price comparison website Uswitch.
The energy regulator Ofgem has announced that the energy price cap will increase from £1,641 to £1,862 from 1 July for a typical household that pays by direct debit.
Keep in mind that the price cap doesn't limit your total bill, instead it sets the maximum that energy suppliers can charge for each unit of energy. If your energy usage isn't the same as the average household, your annual bill will look different to the cap.
The cheapest deal this week is from Outfox Energy and is priced at £1,577 annually for the average household, £64 below the April cap and £285 below the July one.
Only five fixed deals sit below the April price cap, which is the same level as last week. These are offered by smaller suppliers.
The energy market remains volatile and is heavily affected by geopolitics, such as the conflict in the Middle East. Uswitch says that fixing is important for those looking for stability and protection against unpredictable future pricing.
The energy price cap fell from £1,758 to £1,641 in April for the average household, but is now set for a 13 per cent increase from July.
Starting in April, the Government has removed certain levies which will lower your bills.
Comparing energy providers can help you save money and avoid paying more than you need to.
The table below shows you the cheapest energy deals this week, according to comparison website Uswitch. It's a good idea to compare the best deals with what you're currently paying, because rates vary by region.
The cap doesn't limit your total bill – energy companies charge for energy by the kilowatt hour (kWh).
It's therefore important to check the unit rate – how much you're charged per kWh – on a new fixed tariff against that of your existing deal.
Best energy deals this week
| Supplier | Tariff | Fix duration | Average annual bill | Difference vs April price cap (£1,641) | Difference vs July price cap* (£1,862) | Exit fees | Availability |
|---|---|---|---|---|---|---|---|
| Outfox Energy | Fix'd Dual Jun26 12m v8 | 12 months | £1,577 | £64 below cap | £285 below cap | £75 per fuel | Direct via Outfox Energy |
| Outfox Energy | Fix'd Dual Jun26 24M v10 | 24months | £1,577 | £64 below cap | £285 below cap | £100 per fuel | Direct via Outfox Energy |
| Fuse Energy | June 2026 Fixed (15m) V13 | 15 months | £1,597 | £44 below cap | £265 below cap | £50 per fuel | Uswitch.com, Confused and Fuse Energy |
| Fuse Energy | June 2026 Fixed (13m) V9 | 13 months | £1,608 | £33 below cap | £254 below cap | £50 per fuel | Uswitch.com, Confused and Fuse Energy |
| Outfox Energy | Fix'd Dual Jun26 12M v11 - Family Advantage+ | 12 months | £1,611 | £30 below cap | £251 below cap | £75 per fuel | Direct via Outfox Energy |
| So Energy | So Eagle 24m | 24 months | £1,676 | £35 above cap | £186 below cap | £95 per fuel | Uswitch.com, Confused and So Energy |
| So Energy | So Eagle 18m | 18 months | £1,686 | £45 above cap | £176 below cap | £95 per fuel | Uswitch.com, Confused and So Energy |
| So Energy | So Eagle 12m | 12 months | £1,693 | £52 above cap | £169 below cap | £75 per fuel | Uswitch.com, Confused and So Energy |
| Eon Next | Next Fixed 12m v140 | 12 months | £1,705 | £64 above cap | £157 below cap | £50 per fuel | Uswitch.com, Confused and Eon Next |
| Eon Next | Next Fixed 24m v48 | 24 months | £1,705 | £64 above cap | £157 below cap | £100 per fuel | Uswitch.com, Confused and Eon Next |
| Source: Uswitch.com. Prices correct as of 9.00am on 29 June 2026. The tariffs included within the table are the cheapest non-bundle fixed tariffs, not variable or tracker. All energy tariffs and prices mentioned are subject to change without notice, and rates vary upon region. These are the cheapest tariffs available based on suppliers who have updated Uswitch with their rates. | |||||||
Uswitch is also encouraging households on standard tariffs without a smart meter to submit a meter reading by the end of the month, to make sure their energy use isn't charged at July's higher rates.
Suzanne Edwards, an energy expert from Uswitch, comments: 'From Wednesday, the confirmed cap will rise to £1,862 – a £221 jump on the current rate. There are already 27 fixed deals available below that figure, with the cheapest priced at just £1,577 – saving a household up to £285 against the rises in two days.'
It pays to shop around, checking comparison websites as well as going direct to energy providers. Not every energy provider will be on every comparison platform. You can compare deals and sign up today at Uswitch*.
Keep in mind that the annual price quoted is only what the average household can expect to pay over the year. Your actual bill will depend on how much energy you use, so check the unit cost of energy when comparing tariffs.
In terms of unit costs under the April cap, the maximum that households on a default tariff are paying is 24.67p/kWh for electricity and 5.74p/kWh for gas, with standing charges of 57.21p and 29.09p per day respectively.
From July, these unit costs will be 26.11p/kWh for electricity and 7.33p/kWh for gas, with standing charges of 57.19p and 29.04p per day respectively.
Should I fix my energy and switch providers?
Switching to a fixed tariff from a variable one could put more money in your pocket. It's also worth thinking about fixing your energy if you like to know how much your bills will be each month.
Energy unit costs and standing charges stay the same over the length of a fixed contract, helping you budget.
Energy suppliers themselves also predict movements in the price cap and British Gas and EDF Energy are predicting the cap will increase to £1,905 and £1,869 respectively in October.
But the market is easily influenced by international events and political tensions that can't be forecast, so predictions should be taken with a pinch of salt – both of those providers say their confidence in these numbers is 'very low'.
Fixing could at least help to provide some stability for your bills over the longer term.
Read more: The energy price cap should be scrapped, say industry experts
How many fixed energy deals are there?
There has been a good range of fixed energy deals over the last year, with many offering savings against the price cap. And while energy suppliers pulled deals following the escalating conflict in the Middle East, there are now more than 20 available.
While there are fixed-rate energy deals that households can switch to that undercut the Ofgem price cap and save money, it took a few years after the energy crisis for providers to start offering them again.
Until the energy crunch arrived in late 2021, the advice was simple: households should switch energy providers regularly to get the best deal possible.
The cheapest deals were fixed–rate tariffs, with variable rates normally reserved for households that had reached the end of their cheap tariff and not switched.
But affordable fixed–rate deals began to vanish in autumn 2021, because wholesale energy prices started rising.
Many comparison sites then paused their energy switching services, energy providers stopped taking on new customers, and the common advice was that most people would be better off on deals subject to the Ofgem price cap.
This left 22 million households lumbered with variable-rate deals.
Can my energy price increase on a fixed tariff?
Your energy provider can't raise your unit cost of energy or standing charge while you're on a fixed tariff.
Your bill could still move up and down depending on how much energy you use. If you use more, you'll pay more.
It's the standing charge and cost per unit of energy that's fixed, not your overall bill.
Is now a good time to fix energy prices?
The main benefit that fixing provides at the moment is stability and protection against unpredictable future pricing.
You need to consider how prices will move over the entire length of the fix rather than just the next few months. And be sure to consider exit fees, because you'll need to pay these if cheaper fixes do return to the market and you want to switch to a better deal.
You can compare the best energy deals* for you based on your home and gas and electricity costs through This is Money's recommended partner Uswitch.
Read more: The best fibre broadband deals