00:00Two-thirds of homes in England, Scotland and Wales are on the price cap.
00:03Basically, that's you if you're on your firm's standard tariff.
00:07If you're not on a fix, if you're not on a special deal, you're on the bog standard do-nothing tariff,
00:12you're on the energy price cap and it isn't good.
00:15The cheapest fixes, where you lock in a rate, you know what you're going to pay for the next year,
00:20are 13% cheaper than the October price cap.
00:24So you know you can save instantly and will save until at least December.
00:28Now these are the predictions for after December on the price cap and they do change,
00:32it is a bit crystal ball gazing.
00:34It'll drop 2% in January, so putting it back to what you're paying right now.
00:39But then it's predicted to go up around 5% in April and up again next July.
00:45If those predictions are right, you will save massively by being on the cheapest fix.
00:50So don't sit on your hands and just let the price move up in October.
00:55Get off the pants cap, get onto a whole of market comparison service and find your cheapest fix.
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