Standard variable tariff

  • Press Releases

    Cheapest fixed tariff energy deals £1,700 more than the Price Cap

    Research from Cornwall Insight using data compiled by Comparison Technologies, has shown the average price of the cheapest ten fixed price deals for new direct debit customers in April was £3,685 a year, £1,714 more than the current Default Tariff Cap. The research shows that despite Aprils £693 Cap increase,...

  • Press Releases

    Price cap declines but is expected to fall further still

    Commenting on today’s Ofgem announcement that the default price cap would decrease by £17 to £1,162 for the six months effective from 1 April 2020, Robert Buckley Head of Retail and Relationship Development at Cornwall Insight, said: “Due to the mild winter the UK has experienced, it will have come...

  • Press Releases

    Price cap falling but set to rise in April 2020

    Today, Ofgem announced the default price cap would decrease by £75 to £1,179 per year for the six months effective from 1 October 2019. However, this is unlikely to last with Cornwall Insight’s Price Cap Predictor showing the default price cap is set to increase by at least £30 for...

  • Press Releases

    Price cap predicted to fall by at least £80/year

    The latest forecasts from Cornwall Insight’s Tariff Cap Predictor – a quarterly report modelling the future default tariff periods – predict the price cap could fall by a significant £83 per year to £1,171 – from its current level of £1,254 – when Ofgem makes its readjustment in August. This...

  • Press Releases

    Energy tariff differences across Scotland

    The latest tariff data from Cornwall Insight – Pixie Energy’s parent company – reveals a considerable variation between energy tariffs in northern Scotland compared to that of southern Scotland. The graph below shows the cheapest available deals for three tariff types – fixed, standard variable (SV) and prepayment (PPM) –...

  • Press Releases

    Standard variable and fixed tariffs gap widen to highest in three years

    Last month many suppliers started to anticipate the price cap rising to £1,254/year on 1 April by increasing their standard variable tariffs (SVTs) to meet the new cap level. As a result, of this upward pressure on SVTs, the gap between default and market-based fixed tariffs increased. Research from Cornwall...

  • Press Releases

    The gap between fixed and standard variable tariffs expected to rise

    The latest analysis from Cornwall Insight shows, that when the price cap rises to £1,254/year on the 1 April, the difference between the price cap and the cheapest average tariff will increase significantly. In addition, as all the larger suppliers have announced standard variable tariff (SVT) rises in line with...