Energy Price Cap is to rise by £693

Ofgem, the energy regulator, has today announced that the energy price cap is to rise by £693. The 54% increase, coming into effect in April, will result in energy bills increasing to £1,971 a year and affect around 22 million customers on standard tariffs. In an Ofgem energy price cap press release, Jonathan Brearley, chief […]

Top 7 things about the Energy Price Cap

With the current energy crunch putting a strain on finances for millions of UK households and with the energy price cap announcement due next week, we give you the top 7 things about the energy price cap.   What is the energy price cap? The energy price cap sets a maximum daily amount (what you […]

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 rising In December, Dame Clare Moriarty, Citizens Advice Chief Executive, said: “Energy customers are facing a multibillion-pound bill, in […]

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 […]

Our Top Free Energy Saving Tips

There are many ways to be more energy-efficient at home and most will cost you nothing. Here are our top free energy saving tips: Heating Can you turn down your main thermostat by 1°? The recommended temperature is 18° Try a hot water bottle instead of an electric blanket, it’s cheaper and keeps you just […]

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 […]

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