OVO Energy customers are being told they can slash £202 off the cost of their annual gas and electricity bill before the price cap changes.

The new July to September price cap is set to be announced by Ofgem on Friday, May 24 and is forecast to drop prices for all variable tariff customers by another 7 percent, on top of 12 percent savings already seen in April.

But OVO Energy customers are being told they can beat the price cap and more if they sign up to a special fixed deal.

The Ovo Energy…