Utility Warehouse (UW) currently offers two fixed energy deals:
UW Fixed 7: This tariff fixes your energy price for 12 months at £1,900 for a dual fuel customer, based on Ofgem’s typical domestic usage, for 12 months with payment by Direct Debit.
UW Fixed Saver 7: This tariff fixes your energy price for 12 months at £1,775 for a dual fuel customer, based on Ofgem’s typical domestic usage, for 12 months with payment by Direct Debit.
To qualify for the UW Fixed Saver 7 tariff, you must switch energy and at least two other services to UW, such as mobile, broadband or insurance.
Both of these tariffs are currently below the Ofgem price cap of £2,074 for an average household, so they could be a good option for customers who want to lock in their energy prices and save money.
However, it is important to note that fixed energy tariffs are not always the cheapest option, and prices can vary between suppliers. It is always worth comparing different tariffs and suppliers before switching to a fixed deal.
Here are some things to consider when choosing a fixed energy deal:
The price: Make sure you compare the price of the fixed deal to the price cap and other tariffs on the market.
The length of the contract: Fixed energy deals typically last for 12 or 24 months. Make sure you choose a contract length that you are comfortable with.
Exit fees: Some fixed energy deals have exit fees if you want to switch to a different tariff before the end of the contract. Make sure you check the terms and conditions of the tariff before you switch.
If you are not sure whether a fixed energy deal is right for you, you can speak to an energy advisor on 0330 321 3030.