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Energy Market Crisis Archives - Energy Angels

Should VAT on gas and electricity be cut?

Households have been warned that they face an energy bill ‘double whammy’ this year. The expected big rise in April and October, has raised the question, should VAT on gas and electricity be cut? Prices risingIn December, Dame Clare Moriarty, Citizens Advice Chief Executive, said: “Energy customers are facing a multibillion-pound bill, in large part because

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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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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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Additional Funding for Residents

Although there are government-funded energy discounts available to help during the winter months, there is also additional funding for residents, particularly those households most vulnerable and struggling with the rising cost of living.Auriga, based in the West Midlands, work with organisations to support their customers in vulnerable circumstances have partnered with the British Gas Energy Trust to

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Government Funded Energy Discounts

We’re in an energy crisis, the Ofgem price cap has just increased and winter is just around the corner. For some, there are short-term options via government funded discounts.However, even for those not entitled to claim Warm Home Discount, Winter fuel Payment or Cold Weather Payment, it is important that you do all that you can

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What is the Energy Price Cap?

The squeeze on household finances for millions will take hold as the latest energy price cap takes effect. But, what is the price cap and how does it affect millions of UK households? What is the energy price cap?The energy price cap was introduced in January 2019 and set by Ofgem, the energy regulator, under government

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