UK energy supplier First Utility has launched a new one-year fixed energy tariff.
It is part of a collaboration with The Big Deal collective switch initiative which encourages people to change their energy provider so they can save money on their bills.
The new tariff costs £885 per year tariff for a dual fuel household with typical usage and is fixed until 31st October 2016.
First Utility claims it is currently the cheapest fixed deal on the market.
It adds consumers could save an average of £270 on gas and electricity compared to the average Big Six Standard variable tariff.
The offer is only available via The Big Deal and expires on 26th August.
Ed Kamm, Chief Customer Officer at First Utility said: “With this cheapest fixed deal on the market we have shown that we really can bring bills down for everyone so they spend less on what they need and more on what they want.”