How is Ofgem's price cap factored in to my results?
If you’re on a standard or default tariff, the price cap - set by energy regulator Ofgem - places a limit on the amount your provider can charge for each unit of energy. For someone with typical use, the cap is currently set at £1,277/year. Yet this isn't the maximum you'll pay - use more and you’ll pay more, use less and you’ll pay less.
Ofgem also revise the level of the cap twice a year with changes coming in from April and October, based on suppliers' costs.
To show the amount you could save by switching, Cheap Energy Club uses the most up-to-date rates of your tariff, and bases your savings on the rates staying the same for the next year.
Popular Questions
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Do your figures include VAT?
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How can I contact Cheap Energy Club?
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How does the comparison calculator work?
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How is Ofgem's price cap factored in to my results?
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I've called the supplier and it knows nothing about the switch
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How do I update my usage or tariff details on my Cheap Energy Club account?
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When will I get my cashback?