Energy customers are set for a rollercoaster with bills this year – we explain how to ride it out...

Over the past few years, energy bills have skyrocketed due to Covid lockdowns, cold winter and geopolitical issues such as Russia's invasion of Ukraine in early 2022.

The typical cost for 29million households on their energy supplier's standard variable tariff will drop from £1,690 a year to £1,568 a year.And the latest forecasts by energy consultants at Cornwall Insight suggest that typical bills will rise once again to £1,761 in October.will fall in July as the price cap drops 7%, providing some relief for households on a standard variable tariff.

James Longley, managing director at Utility Bidder, said: "With Ofgem's energy price cap set to fall in July, UK customers will be questioning whether now is the right time to switch to a fixed energy deal."It would be recommended that you look into and compare comparison sites to find the best deals for fixing your energy, and this should be only considered if you are locking in the cheapest rate.

While Outfox the Market's Fix'd Dual Jun24 v1.0 tariff will set a typical household back £1,576 a year - 0.5% more than the July price cap but 10.5% the predicted cap from October. Before switching, make sure to compare prices, as these vary based on where you live, and consider exit fees.I really wish I had Mystic Meg's Crystal Ball to help with the answer to this question.I've not fixed my energy bills yet, as I'm interested to see how the regulatory changes and election affect bills.Just like any good rollercoaster, there are some unexpected twists and turns that you need to consider before switching.

The details remain patchy, and the party hasn't actually explained how it would lead to lower household bills.Customers who don't want to fix can rely on a standard tariff to follow the price cap.'s Pledge variable tariff offers a fixed discount of around three per cent on the price cap rates for 12 months.

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