British Gas, OVO, EDF, EON, Octopus customers can get £179 off January price cap

A new energy tariff is the "cheapest in the UK" £179 below imminent January cap. Utility Warehouse has launched a new fixed energy tariff £158 below the current price cap, aimed at helping customers save for the year ahead.

Utility Warehouse’s (UW) Fixed Saver 32 tariff enables households to lock in energy costs at just £1,559 until November 30, 2025. David Walter, chief growth officer at Utility Warehouse, said: "As the price cap rises and temperatures fall, we’re doubling down on giving households exactly what they want: energy prices that undercut the cap and excellent customer service.

“This isn’t just a short-term Black Friday deal - our fixed tariffs are designed to deliver savings and peace of mind for the next 12 months - putting pounds back into our customers' pockets for the year ahead.” It comes as Martin Lewis has been urges British Gas, OVO, EDF, EON, Octopus customers to fix in their tariffs and save money ahead of Christmas and the January price cap.

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ITV and BBC star Mr Lewis said: “I would urge anybody out there at the moment who is sitting on the price cap to get yourself onto a whole of market comparison site, one that by default, shows you all the tariffs. Find what your cheapest fixes are, and look at how that compares to what you’re paying right now.”

Mr Lewis continued: “It’s worth noting, the price cap moves every three months. Most of you are on the price cap. It’s not expected to change much in January, and it’s expected to come down a tiny bit in April and July, but over the next year, you’re not going to pay - if current predictions are correct - much less than you are right now on the price cap, and you can fix at nine or 10 percent less.”