1. Fused FAQs
  2. Energy
  3. Ofgem Energy Price Cap

What is a variable energy tariff?

When you're on a variable energy tariff, the price you pay for energy can change over your contract. The default energy tariff from energy suppliers is the SVT (Standard Variable Tariff).

  • The standard variable tariff sets the maximum that suppliers can charge you for energy.
  • Ofgem, the government energy regulator, updates the energy price cap every three months. 
  • Students and Grads with a Fused contract shorter than 12 months will have a variable energy tariff.
  • Any customers who aren't students or graduates will also have a variable energy tariff. 

All Fused customers will get notice 30 days before any changes to their energy prices.

Learn about energy tariffs

Learn about the Ofgem Energy Price Cap