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However, we do not begin our quest for interviews by promising to keep a source anonymous or off the record. Our goal is to get as much information as possible on the record. No pseudonyms. Pick the wrong tariff and you will end up paying a fortune for your energy. (Image: Getty Images)Get money updates directly to your inboxSubscribeSee our privacy noticeMore newslettersAnd it’s because millions of households are sat on expensive tariffs that energy regulator Ofgem has been moved to act, with the introduction of an energy price cap.The trouble is, there are still plenty of energy deals which will fall outside of the cap.The energy cap could save you a yearThe cap stands at for ‘typical usage’ and applies only to standard tariffs from suppliers. These are the expensive deals which you get shunted onto at the end of a fixed period, and are the ones subject to the price rises announced each year by suppliers.In total around 11 million households are on these tariffs and so could benefit from the cap, which Ofgem has suggested will save them around a year on average.The cap is due to be introduced at the end of this year, though the actual level of the cap will vary across the country depending on how costly it is to provide gas and electricity to certain regions.For example the cap rises to per year for the south west and falls to in Yorkshire.7,000 Usio Energy customers to be switched to First Utility in the next 24 hoursConsumer champion Which? has dug down into the energy deals available on the market today and found more than 70 fixed deals which will be more expensive than the proposed energy price cap.That’s because the cap doesn’t apply to fixed deals, only to standard tariffs.Renters left on the the hook for of other people’s spending how to kill the bill before it’s sentThe most expensive deal Which? found for a typical energy user came to a monster a year.
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