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December 2021 - Energy Angels

Households Face a Big Rise in Energy Bills

Damming analysis from retail energy advisors, BFY Group has warned that households face a big rise in energy bills in April.The report, commissioned by Citizens Advice concludes that “Ofgem allowed unfit and unsustainable energy companies to trade with little penalty.”Wholesale gas prices may have steadied recently, but with more supplier failures expected, it’s difficult for

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Ofgem Investigation into PayPoint

An Ofgem investigation into PayPoint has resulted in admittance that PayPoint breached competition laws.PayPoint has agreed to remove exclusivity clauses from its pre-pay customer contracts with energy suppliers, as well as pay £12.5 million to the regulator.Additionally, PayPoint has agreed to overhaul its services as a result of the four-year investigation. Who is PayPoint?Established in 1996,

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Fuel Poverty

Over four million households are estimated to be living in fuel poverty in the UK and are unable to afford to heat their home to an adequate temperature.The three main fuel poverty contributors to are:Low incomePoorly insulated homesHigh fuel pricesIt is reported that the latest energy price cap from 1st October 2021 will result in

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