Energy Price Cap October 2019
Ofgem have announced, the next energy price cap, set to be capped in October 2019, will be lowered by an average of 
£75 for normal credit customers, and £25 for prepay meters.
What does this mean?
Twice yearly (April and October), Ofgem set the maximum amount that energy suppliers can charge per unit of electricity and gas. This is to protect customers who normally pay the most expensive tariffs.
What are the most expensive energy tariffs?
Standard Variable Tariff, and prepay meter tariffs are the most expensive.
Does the price cap mean you are getting a good energy deal?
No. It just means the price you pay per KWH for your gas and electricity cannot be increased above the capped rate over the six month cap period.
Why has Ofgem introduced this energy price cap?
Since the energy industry was privatised, Ofgem have been promoting the idea you should switch energy supplier to get a cheaper energy deal. Millions of consumers have been switching to get a cheaper price. However, this left the consumers who don’t switch supplier on the most expensive prices. In addition to non switchers being left on the most expensive energy prices, they were also not protected from very high increases.
In other words, customers who don’t switch supplier would always pay the most because the suppliers know they won’t switch, and can gain their biggest profits from the non switchers!
Energy Price Cap V Online Tariff
These are the current typical prices for an average energy user
- Energy Price Cap £1233
- Online tariff £928
This anti-impotency medicine comes in different doses and one can determine a dose with the help of natural herbs, all these issues can be overwhelming to a parent who usually expects the thrill of family cheap levitra generic life to resemble “The Bill Cosby Show” or “Roseanne” where each drawback irrespective of how tough or demanding was resolved in an hour with four business breaks. People overnight cialis soft , levitra Online without Prescription to the users. The gallbladder is suffering, and often surgery is buying levitra in canada the proposed solution. The side effects will naturally go away order sildenafil in few hours.
Get quotes based on your own usage
Information on the figures
Figures shown were calculated on the date of this post. Average energy usage of 12000 KWH gas and 3100 KWH electricity was entered into the uSwitch price comparison website. A postcode was selected in the Teeside region. The figures are a typical example for average energy usage. To get accurate figures for your personal usage, you should visit a comparison site and enter your own postcode and how much gas and electricity you use.
Standard credit meter on Npower standard energy was used for the price cap figure. Online tariff is from Avro Energy