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There are five fixed energy deals that sit below the current price cap, with some of the biggest savings on offer in over seven weeks according to the price comparison website Uswitch.
With conflict in the Middle East driving volatility in the energy market, the number of fixed energy tariffs plummeted to 15 in March. However, there are now 29 fixed tariffs available across the market today.
The cheapest energy tariff is now priced at £1,545 annually for the average household, £96 below the April price cap of £1,641. This is offered by the energy supplier Fuse Energy.
Uswitch says that fixing is still important for those looking for stability and protection against unpredictable future pricing. Early forecasts suggest that the price cap will rise significantly from July.
Certainty over your bills: The unit cost of energy won’t rise when you’re on a fixed tariff
The energy price cap fell from £1,758 to £1,641 in April for the average household. This is a 7 per cent drop. Keep in mind that the cap doesn’t limit your total bill, instead it dictates how much suppliers can charge for the unit cost of energy – if you use more than the average household, you’ll pay more than the quoted annual cost.
Starting in April, the Government has removed certain levies which will lower your bills.
Comparing energy providers can help you save money and avoid paying more than you need to.
> Compare the best energy deals with Uswitch*
The table below shows you the cheapest energy deals this week, according to comparison website Uswitch. It’s a good idea to compare the best deals with what you’re currently paying, because rates vary by region.
The cap doesn’t limit your total bill – energy companies charge for energy by the kilowatt hour (kWh).
It’s therefore important to check the unit rate – how much you’re charged per kWh – on a new fixed tariff against that of your existing deal.
Best energy deals this week
| Supplier | Tariff | Fix duration | Average annual bill | Difference vs April price cap (£1,641) | Difference vs predicted July price cap* (£1,927) | Exit fees | Availability |
|---|---|---|---|---|---|---|---|
| Fuse Energy | Apr 2026 Fixed (15m) V15 | 15 months | £1,545 | £96 below cap | £323 below predicted cap | £100 per fuel | Uswitch.com, Confused and Fuse Energy |
| Fuse Energy | Apr 2026 Fixed (13m) V14 | 13 months | £1,561 | £80 below cap | £307 below predicted cap | £100 per fuel | Uswitch.com, Confused and Fuse Energy |
| Outfox Energy | Fix’d Dual Apr26 12M v6.0 | 12 months | £1,566 | £75 below cap | £253 below predicted cap | £75 per fuel | Direct via Outfox Energy |
| Outfox Energy | Fix’d Dual Apr26 12M v11.0 – Family Advantage+ | 12 months | £1,597 | £44 below cap | £271 below predicted cap | £75 per fuel | Direct via Outfox Energy |
| Eon Next | Next Fixed 12m v121 | 12 months | £1,615 | £26 below cap | £236 below predicted cap | £50 per fuel | Uswitch.com, Confused and Eon Next |
| Sainsbury’s Energy | Sainsburys Energy Fix and Save 12m v13 | 12 months | £1,673 | £32 above cap | £195 below predicted cap | £50 per fuel | Uswitch.com, Confused and Sainsbury’s Energy |
| EDF Energy | Simply Fixed 2Yr Apr28v7 | 24 months | £1,690 | £49 above cap | £178 below predicted cap | £75 per fuel | Uswitch.com, Confused and EDF Energy |
| Ecotricity | EcoFixed – 2 Year April 26 v1 | 24 months | £1,733 | £92 above cap | £135 below predicted cap | £100 per fuel | Uswitch.com, Confused and Ecotricity |
| EDF Energy | Simply Fixed Apr27v4 | 13 months | £1,751 | £110 above cap | £117 below predicted cap | £50 per fuel | Uswitch.com, Confused and EDF |
| So Energy | So Bear 24m | 24 months | £1,786 | £145 above cap | £82 below predicted cap | £95 per fuel | Uswitch.com, Confused and So Energy |
| Source: Uswitch.com. Prices correct as of 10.30am on 20 April 2026. The tariffs included within the table are the cheapest non-bundle fixed tariffs, not variable or tracker. All energy tariffs and prices mentioned are subject to change without notice, and rates vary upon region. These are the cheapest tariffs available based on suppliers who have updated Uswitch with their rates. * July 2026 price cap prediction: £1,863. Prediction is calculated using averages from EDF, British Gas and E.ON Next’s Price Cap Forecasting Services, as of 15 April 2026. Based on dual-fuel customers consuming medium energy usage as defined by Ofgem’s Typical Domestic Consumption Values (TDCV) (2,700 kWh of electricity and 11,500kWh of gas per year), paying by direct debit with paperless billing. | |||||||
Suzanne Edwards, energy expert at Uswitch, comments: ‘These are the most competitive rates we have seen in seven weeks – if you have been holding off for the right moment to lock in your energy costs, now is the time to act.
‘With predictions for July energy rates showing a staggering increase, these fixed deals would save the average household 17% against the forecasted prices and would keep them protected through winter.’
It pays to shop around, checking comparison websites as well as going direct to energy providers. Not every energy provider will be on every comparison platform. You can compare deals and sign up today at Uswitch*.
Keep in mind that the annual price quoted is only what the average household can expect to pay over the year. Your actual bill will depend on how much energy you use, so check the unit cost of energy when comparing tariffs.
In terms of unit costs under the April cap, the maximum that households on a default tariff are paying is 24.67p/kWh for electricity and 5.74p/kWh for gas, with standing charges of 57.21p and 29.09p respectively.
Should I fix my energy and switch providers?
Switching to a fixed tariff from a variable one could put more money in your pocket. It’s also worth thinking about fixing your energy if you like to know how much your bills will be each month.
Energy unit costs and standing charges stay the same over the length of a fixed contract, helping you budget.
Independent energy market analyst Cornwall Insight is predicting that the price cap will increase to £1,837 in July, but keep in mind that energy prices remain volatile. The market is easily influenced by international events and political tensions that can’t be forecast, so predictions should be taken with a pinch of salt.
But fixing could at least help to provide some stability for your bills over the longer term.
Read more: The energy price cap should be scrapped, say industry experts
How many fixed energy deals are there?
There has been a good range of fixed energy deals over the last year, with many offering savings against the price cap. And while energy suppliers pulled deals following the escalating conflict in the Middle East, there are now 28 available.
While there are now fixed-rate energy deals that households can switch to that undercut the Ofgem price cap and save money, it took a few years after the energy crisis for providers to start offering them again.
Until the energy crunch arrived in late 2021, the advice was simple: households should switch energy providers regularly to get the best deal possible.
The cheapest deals were fixed–rate tariffs, with variable rates normally reserved for households that had reached the end of their cheap tariff and not switched.
But affordable fixed–rate deals began to vanish in autumn 2021, because wholesale energy prices started rising.
Many comparison sites then paused their energy switching services, energy providers stopped taking on new customers, and the common advice was that most people would be better off on deals subject to the Ofgem price cap.
This left 22 million households lumbered with variable–rate deals.
Can my energy price increase on a fixed tariff?
Your energy provider can’t raise your unit cost of energy or standing charge while you’re on a fixed tariff.
Your bill could still move up and down depending on how much energy you use. If you use more, you’ll pay more.
It’s the standing charge and cost per unit of energy that’s fixed, not your overall bill.
Is now a good time to fix energy prices?
The main benefit that fixing provides at the moment is stability and protection against unpredictable future pricing.
You need to consider how prices will move over the entire length of the fix rather than just the next few months. And be sure to consider exit fees, because you’ll need to pay these if cheaper fixes do return to the market and you want to switch to a better deal.
You can compare the best energy deals* for you based on your home and gas and electricity costs through This is Money’s recommended partner Uswitch.
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