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 £1,138/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. 

From 1 October, the new price cap will be £1,277/yr on typical use, up by £139/yr on the previous level. 

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. We know most providers' prices will rise in October, but we don’t have full details for each supplier yet, so your savings over the next year will likely be massively underestimated. We'll update them as soon as your provider sends us its updated rates.