Energy UK urges government action on bills this winter
Why Energy UK says winter bills are rising again Energy UK has urged the government to act immediately on bills this winter. It warns inaction risks repeating the 2022 energy crisis. Suppliers’ trade body Energy UK says ministers must act now, or face a bigger, costlier crisis later. The warning follows October’s 4% rise in […]
2 weeks ago
Energy price cap rises today – here’s how to avoid paying hundreds more
All you need to know about the rise From Wednesday (1 October), there is a new energy price cap as the average annual energy bills rise by £60 for a typical household. For the next three months, the 4% rise in the energy price cap will see billpayers in a typical dual fuel home pay […]
2 weeks ago
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 month 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 month 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 months 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 […]
4 months ago