What is the Ofgem energy price cap and how much are bills falling?

The fall in energy prices raised hopes that suppliers would offer cheaper, fixed-price deals.

These offer certainty for a set period, but if prices drop further, people could find themselves stuck at the higher price.

Analysts at the consultancy Cornwall Insight have forecast that typical bills will rise to £1,762 in October, staying at that level in January. However, the reality may be different.

When considering fixed-price deals, Ofgem says people should seek independent advice and consider what is most important for them – the lowest price or the security of a fixed deal.

Price comparison website Uswitch warned customers to check whether fixed deals had exit fees before signing up.