Reply To: Typical energy bill to fall to lowest for two years under new Ofgem price cap BBC have reported the typical energy bill will fall to £1,690 from April to the lowest for two years under the new price cap set by the regulator. It means…

[kev2021]

Hi all,

So just seen that they are predicting a 7% drop in bills from July, any idea when can expect to see the new plans being available to switch to that will start from July?

My existing fix is due to end at the end of June so I was going to switch to BG:-

Gas

unit: 5.9745p

Daily: 11.1846p

Electricity

unit: 26.7656p

daily: 28.6703p

but now not sure whether to move to BG or wait till for the new tariffs to come out with the 7% reduction… There is also a cheaper ovo but says I need to install a smart meter but its unclear if I would qualify as I have 1 smart meter and 1 non-smart meter and they might imply I need to move both but have already done one. This one is approx £5 a month cheaper if qualified.

Thanks

Kev

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