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New 14-Month Fixed Energy Tariff for a Limited Time Only

Published date: January 2025

electricity pylon in the UK
Switch while you can and fix to a lower energy price until spring 2026. You can beat the likely rise in energy prices for April, October and January 2026.

What will happen to Energy Prices in April 2025?

According to current predictions, the UK energy price cap is expected to increase slightly on April 1st, 2025, with estimates suggesting a rise of around 2% compared to the current price cap of £1,738 that started on January 1st, 2025. This means there will be a predicted price cap of approximately £1,780 for a typical household using direct debit payments.

Why will the Energy Price Cap probably rise in April 2025?

Long-term estimates predicted that the price cap for April 2025 would drop but it's now expected to be a small increase. The main reasons for this are Donald Trump's incoming US presidency and the uncertainty around the continued Russian war on Ukraine. These factors influence the wholesale market which directly affects the price cap for customers on any energy tariff.

Will Energy Prices Come Down in the Future?

Predicting energy costs is very difficult due to the worldwide influence on the market. However, early predictions are suggesting that there may be a price cap drop for spring 2026 and summer 2026 which would fall in line with more typical years than 2025. This is why fixing now will ensure you aren't caught out by the price cap rise on April 1st of this year and leave you with paying a lower price until the likely price drop in spring 2026.

Why have prices been so high?

In recent years, the energy market has faced a crisis, with energy prices quickly rising towards the end of 2021. They reached their highest point during the winter of late 2022 and early 2023, before gradually declining over the past year. Despite this decrease, prices remain higher than in 2021, before the rise.

The root cause of this situation has been the elevated wholesale energy prices. When the crisis started in 2021, wholesale prices surged rapidly as numerous countries emerged from COVID-19 lockdowns, leading to a spike in energy demand as businesses and industries resumed operations. Additionally, the conflict between Russia and Ukraine exacerbated the situation, causing wholesale energy prices to rise further as many nations reduced or ceased importing Russian gas, thereby tightening supply.

Although wholesale prices have dropped significantly from their peak during the energy crisis, they are still considerably higher than pre-crisis levels.

Why Switch to Your Co-op Energy?

We offer 100% renewable energy on our two 14-month fixed tariffs, the Community Power tariff and the fixed tariff that can both save you money over the next 14 months while reducing your home's carbon footprint. You can even have your home's electricity supply to be 100% generated by UK renewables owned by local groups, with our Community Power tariff.

  • Rated excellent on Trustpilot by over 7,000 reviews
  • Top 5 rated energy supplier for customers by Citizens Advice
  • Unique to market Community Energy and all tariffs have 100% renewable electricity
  • Great value renewable energy tariffs with no exit fees
  • Partnered with the best, Octopus Energy
Explore our energy tariffs and save for 14 months.

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