British Gas introduce energy deal to beat Ofgem's price cap

British Gas has introduced a new energy package, known as the Price Promise tariff, which guarantees to outperform the Ofgem price cap until at least July.

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This fixed-rate deal, priced at £1,699 per annum for the average dual fuel household, is significantly lower than the current Ofgem price cap of £1,928 per year, offering a saving of £229.

Catherine O'Kelly, of British Gas, said: 'We are always looking for ways to help our customers save and we want to make sure they feel the benefits of lower energy costs as soon as possible – and can take advantage of them while using more energy in the winter period."

Read more:  British Gas unveils energy deal promising to beat Ofgem price cap until at least July | This is Money