Latest energy tariffs released

Last updated: 11/11/2024

As autumn deepens and the temperatures drop, the energy market responds with new tariffs aiming to meet the diverse needs of consumers. October 2024 introduces an array of energy tariffs designed for those seeking both environmental sustainability and budget-friendly options.

Starting with some of the most competitive rates, Outfox the Market leads with its Fix'd Dual Oct24 v1.0, launching at an impressive £1,555, making it the most economical choice this month. Following closely, EDF Energy presents its Essentials Fixed 1Yr Oct25v3 at £1,564, offering a balance of affordability and commitment to renewable practices.

For those considering longer-term price stability, E.ON Next’s offerings include the Next Fixed 24m v20 at £1,652, providing a robust option for consumers looking to lock in their rates against future price hikes. Moreover, the market sees various multi-year tariffs like OVO Energy’s 2 Year Fixed + Heating Control 31 October 2024, priced at £1,732, which merges competitive pricing with enhanced service benefits such as heating control, catering to the higher end of the market looking for added value in their energy plans.

In addition to price-focused offerings, this month also features tariffs aimed at specific consumer benefits. For instance, OVO Energy’s 1 Year Fixed + Boiler Cover 31 October 2024, at £1,529, is especially appealing for those looking to combine energy costs with home maintenance, offering peace of mind alongside energy supply.

This month’s energy tariffs reflect a continued trend towards integrating more flexible and consumer-focused energy solutions, highlighting the sector's adaptability and responsiveness to consumer needs and environmental considerations.

Highlighted tariffs for October 2024

For October 2024, the energy market is showcasing a variety of tariffs that offer great value and distinctive features. Here are three standout tariffs that blend affordability with unique benefits for customers:

1. Outfox the Market's Fix'd Dual Oct24 v1.0

   • Effective: 02 October 2024
   • Average Bill: £1,555
   • Extras: None
   • Fixed Term: Not specified
   • This tariff presents one of the lowest prices in the market, ideal for consumers seeking significant savings without additional frills.

2. EDF Energy's Essentials Fixed 1Yr Oct25v3

   • Effective: 01 October 2024
   • Average Bill: £1,564
   • Extras: Emphasizes a commitment to sustainable energy practices.
   • Fixed Term: 1 year
   • Offering competitive pricing paired with sustainability, this tariff is perfect for eco-conscious consumers looking to minimize their carbon footprint.

3. OVO Energy's 2 Year Fixed + Heating Control 31 October 2024

   • Effective: 31 October 2024
   • Average Bill: £1,732
   • Extras: Heating control included, offering enhanced comfort management and energy efficiency.
   • Fixed Term: 2 years
   • Tailored for homeowners looking for long-term price stability and added control over their heating systems, this package offers an advanced solution for managing home energy use effectively.

These options illustrate the diverse approaches energy suppliers are taking to meet consumer demands, ranging from basic cost-effective solutions to more comprehensive packages that integrate additional utilities and eco-friendly initiatives.

All tariffs released last month

Here is the full list of energy tariffs that were released in October 2024.

For comparison purposes, energy prices shown above are based on the national averages. Prices may vary depending on the region you live in. To see the best deals for where you are, run an energy comparison using our Ofgem approved energy switching tool.