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Outfox the Price Cap Tracker 12M Dual is a twelve-month dual-fuel tariff whose electricity and gas prices follow the Ofgem energy price cap. Outfox currently markets the tariff as being 5 per cent cheaper than the price cap. When Ofgem raises or lowers the cap, Outfox recalculates the tariff's regional prices while maintaining the applicable discount promised under the customer's tariff version. The tariff should not be confused with a conventional fixed-price deal. The customer commits to a twelve-month contract, but the rates paid for electricity and gas can change every three months. The current tariff version requires dual fuel, monthly Direct Debit, online account management and a compatible smart meter. An early exit fee of ยฃ75 per fuel can apply, creating a potential ยฃ150 charge for a dual-fuel customer who leaves early. This guide was checked on 11 July 2026.
The tariff follows the Ofgem price cap rather than daily wholesale electricity or gas prices. Ofgem normally announces a new cap for each three-month period: When the cap changes, Outfox updates the tariff's electricity and gas prices. Outfox says the tariff will remain below the cap according to its 5 per cent discount promise. This gives the customer a degree of protection against paying the full standard-variable cap rate while still allowing prices to fall when the cap falls. It also means prices can rise during the twelve-month term. The tariff's fixed element is the contract period and discount mechanism, not the pence-per-kilowatt-hour prices.
Outfox promotes the tariff as guaranteed to be 5 per cent cheaper than the Ofgem price cap. The exact regional unit rates and standing charges are shown in the customer's quotation and Tariff Information Label. Electricity prices differ across distribution regions, so the household should not simply reduce the national average rates by 5 per cent and assume that produces its personal tariff. The safest comparison is to use: The discount should be judged from the complete projected tariff cost rather than one rate viewed in isolation. A customer should also confirm whether their version is called "5% Energy Discount" or "5% Minimum Energy Discount." Outfox has released several versions of the tariff family, and the accepted contract wording determines the exact guarantee.
The Ofgem price cap increased from 1 July 2026. For a Direct Debit customer on a standard variable tariff, the national average electricity rate is 26.11 pence per kilowatt hour, with an average standing charge of 57.19 pence a day. The national average gas rate is 7.33 pence per kilowatt hour, with a standing charge of 29.04 pence a day. These are averages across England, Scotland and Wales. Actual rates vary by region and meter arrangement. Ofgem's established typical-consumption illustration places the July cap at ยฃ1,862 a year. A revised lower-consumption benchmark produces a headline figure of approximately ยฃ1,663, but neither figure is a maximum annual bill. The customer's real cost depends on how much electricity and gas they consume. Outfox's tracker should remain below the applicable capped tariff under its discount promise, but a high-use household can still pay much more than either headline figure.
The phrase "12M" means the contract lasts for twelve months. It does not mean the customer's energy prices remain unchanged for twelve months. Outfox's published terms describe the current tracker as a fixed-term tariff with variable prices. Rates change when the Ofgem cap changes, with customers notified about updated unit rates and standing charges. This structure provides a middle ground between a standard variable tariff and a conventional fix. Compared with Fox Standard, the tracker provides a contractual discount against the cap. Compared with a fixed tariff, the tracker allows the customer to benefit when the price cap falls. The trade-off is that it also passes through cap increases.
If Ofgem increases the price cap during the contract, the tracker prices increase. The tariff should still remain at the promised discount relative to the relevant cap level, but the customer's bill can nevertheless rise substantially. Suppose the tariff initially costs ยฃ1,700 for the household's expected annual use. If the price cap rises and the corresponding tracker rates increase, the annualised cost could become higher even though the tariff remains 5 per cent below the new cap. The monthly Direct Debit may also be reviewed to reflect the higher expected annual cost. This is not a breach of the tracker agreement. Price movement is a central feature of the product.
If the price cap falls, Outfox reduces the tracker prices in line with the updated cap and tariff discount. This is the product's main advantage over an ordinary fixed-price tariff. A customer on a conventional fix normally remains on the agreed rates even when capped variable prices fall. A tracker customer receives lower rates automatically when the relevant price-cap period begins. This does not guarantee that the tracker will be the cheapest product in the wider market. Another supplier may offer a fixed or variable tariff priced more than 5 per cent below the cap. It means only that the Outfox tracker maintains its stated relationship with the cap.
Outfox currently requires tracker customers to use both gas and electricity and have a smart meter. The meter allows Outfox to receive readings accurately and administer the tariff. Outfox's general smart-tariff guidance says compatible meters must communicate with the supplier and provide the necessary consumption information. A customer whose smart meter has stopped communicating should contact Outfox. The physical meter may continue recording energy, but missing remote readings can lead to estimated bills or account problems. The current tracker also requires monthly Direct Debit and online account management. It is not currently structured for payment on receipt of a paper bill or a prepayment arrangement.
The current headline product is a dual-fuel tariff. Outfox must supply both the household's electricity and gas under the tracker agreement. A customer wanting to keep gas with one supplier and electricity with another would need to examine the separate electricity-only tracker version or another tariff. An electricity-only tracker family has appeared in Outfox's current tariff records, but it should be treated as a separate product with its own quotation and terms rather than assuming the dual-fuel conditions apply unchanged. Dual fuel can simplify billing, but it is not automatically cheaper than using different suppliers for each fuel.
The current tracker terms state that a ยฃ75 exit charge can apply for each fuel. A dual-fuel customer leaving both supplies early could therefore pay ยฃ150. This charge matters because the tracker is variable. A customer might want to leave after the price cap rises or when a much cheaper fixed tariff becomes available. The potential ยฃ150 fee must be deducted from the expected saving. For example, if switching would save ยฃ220 over the remaining contract, a ยฃ150 exit charge reduces the effective benefit to ยฃ70. If the alternative saves only ยฃ120, leaving early could cost more than remaining on the tracker. Outfox's terms indicate that customers may be able to change to another Outfox tariff during the term, but the exact treatment of exit fees should be checked against the accepted tariff version before switching.
The customer's monthly payment can change even though the tariff has a fixed twelve-month term. Outfox estimates the annual bill using: If prices rise or the household consumes more than expected, Outfox may increase the Direct Debit. If prices fall or consumption is lower, the payment may be reduced. Customers should compare tariffs using unit rates, standing charges and annual consumption rather than the monthly payment alone.
Fox Standard is Outfox's open-ended standard variable tariff. Both products can change when the Ofgem price cap changes. The main differences are:
The tracker may be better for someone who would otherwise remain on a full-price capped tariff and expects to stay for twelve months. Fox Standard may be safer for someone expecting to move or wanting complete switching flexibility.
A fixed-price tariff protects the household against future price increases for its contract term. The tracker does not. If the cap rises sharply, a competitive fixed tariff may become cheaper than the tracker. If the cap falls, the tracker may outperform a fix because its prices reduce automatically. The decision depends partly on the customer's attitude to risk. Someone wanting predictable rates may prefer a fixed tariff. Someone willing to accept quarterly movements in exchange for remaining below the cap may prefer the tracker.
Outfox Price Cap Tracker 12M Dual may suit a customer who: It may be less suitable for someone: Outfox Price Cap Tracker combines a guaranteed relationship to the price cap with the uncertainty of variable rates. Its appeal is straightforward: it should remain cheaper than paying the full cap while still passing through future reductions. Its limitation is equally clear. The customer must accept that prices can rise during the twelve-month contract and may have to pay substantial exit fees to leave early.
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