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Fixed vs Variable Energy Tariffs Explained (2026)

Understanding the difference between fixed and variable energy tariffs helps you choose the right deal and avoid paying more than you need to.

A fixed tariff locks your unit rate for the deal period, protecting you from price rises. A variable tariff tracks the Ofgem price cap and can go up or down. In 2026, Utility Warehouse's Fixed Saver tariff is priced below the cap.