Business · 5 March 2026
Available fixed energy plans drop to just 15
Photo by José Alejandro Cuffia on Unsplash
Suppliers are withdrawing guaranteed rate offers due to soaring oil and gas costs linked to Middle East conflict. Market data shows the count of available contracts fell from 38 to 15 between Saturday and Thursday. Major providers including British Gas have removed offers, though customers on variable rates remain protected until July. Experts warn that sustained high wholesale costs may increase the future price cap.
Reported by BBC · How we write briefs