Martin Lewis issues advice on how to save money ahead of energy price cap hike
It might come in handy Martin Lewis has said that the latest rise by Ofgem – which confirmed the UK’s energy price cap will go up by 4% on October 1, adding an extra £60 a year to the typical dual fuel bill – “would’ve been even worse” without the recent domestic electricity VAT cut. […]
1 week ago
Energy price cap rises 4% from October: What it means for your bills
Winter is about to get more expensive The latest price cap is set to make things even tighter for millions of households heading into winter. From 1 October, energy prices will rise by 4%, taking the typical annual dual-fuel bill to £1,723, about £60 more over the year, or an extra £5 a month. It […]
1 week ago
UK reveals ‘pylon project’ that could save you up to £2,500 in electricity bills
Households living near pylons could save on energy bills The UK Government reveals its plan to put in place new electric pylons in over 40 locations, as per gov.uk. Thousands of households are eligible for the discounted energy bills, however it does come with one condition. Households within 500 metres of the new pylons could […]
2 weeks ago
Major energy firm to pay out millions to customers after rule breaches
It follows a crackdown by the regulator Following regulator Ofgem’s finding that vulnerable customers were left at a “risk of harm” due to the supplier’s poor monitoring of households on prepayment meters, a major firm has agreed to pay out more than £10 million. According to Ofgem, the firm’s inadequate oversight of prepayment meter customers […]
3 months ago
How your bills could be affected as Starmer says people ‘right to worry’
He raised concerns for jobs and bills It’s war, war has broken out! – and your energy bills are suffering because of it, at least that’s what Prime Minister Keir Starmer has suggested. With the US and Israel deciding that Iran needed some more ‘freedom’, things have been pretty tense in the Middle East of […]
6 months ago
Energy supplier with thousands of customers goes bust
They entered financial difficulties. A UK energy supplier with thousands of customers has gone bust after enduring financial difficulties. Energy supplier Tomato Energy has finally gone bust after being on the brink of collapse only a few weeks ago, as reported by Money Saving Expert. Tomato Energy supplied electricity to 12,000 homes in the UK, […]
10 months ago