Energy price caps are designed to ensure you pay a fairer price for your energy and to protect against overcharging.
Q: Are all energy tariffs price capped?
A: No. The price of your tariff is capped if:
- you use a prepayment meter
- get the government’s Warm Home Discountopen key term pop-up and/or
- are on a ‘standard variable’ energy tariffopen key term pop-up or a tariff you haven’t chosen (a ‘default’ tariff)open key term pop-up.
Energy price caps limit the price a supplier can charge you per kWH of electricity and gas (this is the unit measure which your bill is calculated from), not your total bill which will vary depending on how much energy you use.
If you are on a fixed-term energy tariffopen key term pop-up you have chosen, your prices will not be protected by the caps. These tariffs are more likely to be good value.
