Millions of households told to take action by end of the day before energy price hike
2 months, 3 weeks ago

Millions of households told to take action by end of the day before energy price hike

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average household energy bill is to increase by £149 a year from Tuesday as Ofgem increases its price cap just as homes move into the winter months. Those households on a standard variable tariff – as opposed to a fixed deal – and who do not have a smart meter should submit their electricity and gas readings to their supplier as close as possible to October 1 to ensure any energy they use before this date is not inaccurately billed at the higher prices. Experts think there is likely to be a further energy bill increase in January due to escalating tensions in the Russia-Ukraine war Millions of pensioners are also facing a winter with less support after the new Government decided to scrap winter fuel payments for those who do not receive pension credits or other benefits. Uswitch energy spokesman Ben Gallizzi said: “With energy prices rising next week, it’s vital that households submit a meter reading, with a £19 difference between the cost of a week’s energy at September’s prices compared with October.

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History of this topic

Energy firms must offer ‘zero standing charge’ tariffs next year under Ofgem plans
1 week, 4 days ago

Energy firms must offer ‘zero standing charge’ tariffs next year under Ofgem plans

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy firms will be required to offer household tariffs free …

Ofgem increases price cap as winter fuel payments are withdrawn for millions
1 month ago

Ofgem increases price cap as winter fuel payments are withdrawn for millions

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The energy price cap will increase in January for a …

How can I lower my energy bills and what help is there for me?
1 month ago

How can I lower my energy bills and what help is there for me?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here, the PA news agency looks at why the …

Energy bills could rise from new year in surprise hike, analysts warn
1 month ago

Energy bills could rise from new year in surprise hike, analysts warn

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy bills could rise yet …

Worried about your energy bills? Where to turn for help
1 month, 2 weeks ago

Worried about your energy bills? Where to turn for help

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. We’ve got you covered… Check if you’re entitled to …

Ofgem energy price cap increases – what you need to know as Martin Lewis weighs in
2 months, 3 weeks ago

Ofgem energy price cap increases – what you need to know as Martin Lewis weighs in

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Ofgem’s energy price …

Energy price cap predicted to fall in January in glimmer of hope for households
2 months, 3 weeks ago

Energy price cap predicted to fall in January in glimmer of hope for households

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Energy consultancy Cornwall Insight said it expects the typical …

How can I lower my energy bills and what help is there for me?
2 months, 3 weeks ago

How can I lower my energy bills and what help is there for me?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Here, the PA news agency looks at why the …

How can I lower my energy bills and what help is there for me?
3 months, 4 weeks ago

How can I lower my energy bills and what help is there for me?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. I’d encourage people to shop around and consider fixing if …

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent
4 months ago

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Customers on standard variable tariffs will pay 6.24p per kWh …

Keir Starmer and Rachel Reeves face furious demand to reverse 'reckless' winter fuel payment cut for pensioners in the wake of 10% energy price cap rise with a Labour MP pleading for a U-turn to 'prot
4 months ago

Keir Starmer and Rachel Reeves face furious demand to reverse 'reckless' winter fuel payment cut for pensioners in the wake of 10% energy price cap rise with a Labour MP pleading for a U-turn to 'prot

Daily Mail  

Keir Starmer and Rachel Reeves are facing fresh pressure over the decision to alter the winter fuel payment for pensioners as a Labour MP warned it could leave vulnerable old people in hospital. But following Ofgem's announcement on Friday that the energy price cap would rise by 10 per cent from October, there were calls for a U-turn. Labour backbencher …

Households urged to fix energy bills ahead of price cap rise
4 months ago

Households urged to fix energy bills ahead of price cap rise

The Telegraph  

Households have been urged to consider fixing their energy bills after Ofgem said the price cap will rise by £149 this winter. The energy regulator said it will raise the price cap to £1,717 per year for an average household from October, up from £1,568 currently. “I’d also encourage people to shop around and consider fixing if there is a …

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories
6 months ago

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories

The Telegraph  

Claire Coutinho has accused Labour of misleading voters over claims its green energy plans will slash household bills by £300 a year. The criticism comes after Ed Miliband, the shadow energy secretary, claimed that a massive expansion of wind, solar and nuclear power will cut consumer bills by an average of £300 a year by 2030. However, Ms Coutinho pointed …

Energy retailers' 'insidious' power pricing charges households based on highest point of use
6 months, 3 weeks ago

Energy retailers' 'insidious' power pricing charges households based on highest point of use

ABC  

Hundreds of thousands of Australian households are being charged electricity prices based on their single biggest point of usage across an entire month, fuelling claims power firms are using sneaky tactics to gouge consumers. An investigation by the ABC has found that soaring numbers of residential electricity customers with smart meters are being put on to so-called cost-reflective tariffs such …

Ofgem reveals price cap falls as Britons to pay less for energy bills from July
6 months, 4 weeks ago

Ofgem reveals price cap falls as Britons to pay less for energy bills from July

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem’s energy price cap will fall by 7 per cent …

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing
7 months ago

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing

Daily Mail  

Brits are set for much-needed relief with energy bills projected to fall by another 7 per cent in July. Dr Craig Lowrey, Principal Consultant at Cornwall Insight, said: 'Our projections suggest that from July, the average annual bill will fall by around £500 compared to last summer, offering further relief given the quarter-on-quarter drop seen in April. 'While the cap …

Energy bosses call for ‘progressive social tariff’ on bills amid price hikes
7 months, 2 weeks ago

Energy bosses call for ‘progressive social tariff’ on bills amid price hikes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The bosses of Centrica and …

Millions of UK homes risk being overcharged on energy bills due to faulty smart meters
8 months, 3 weeks ago

Millions of UK homes risk being overcharged on energy bills due to faulty smart meters

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nearly four million homes across Britain risk overpaying on their …

Ofgem to consider ‘time-of-use’ price cap for households
8 months, 4 weeks ago

Ofgem to consider ‘time-of-use’ price cap for households

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem said the price cap, along with the temporary …

Energy price cap 2024: Households see bills fall as Ofgem drops energy price gap
10 months ago

Energy price cap 2024: Households see bills fall as Ofgem drops energy price gap

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Households will see …

Energy bills: How are Labour and Conservatives proposing to help households?
10 months ago

Energy bills: How are Labour and Conservatives proposing to help households?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The government is offering fossil fuel giants tax relief on …

What does Ofgem’s price cap mean for my energy bills?
10 months ago

What does Ofgem’s price cap mean for my energy bills?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The fall reflects drops in wholesale energy prices – …

Energy bill price hike takes effect as record numbers struggle with debt
11 months, 3 weeks ago

Energy bill price hike takes effect as record numbers struggle with debt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Without additional support, it will be anything but a …

How much will YOUR energy bill go up TODAY? Use our calculator to find out how the 5% Ofgem price cap rise will affect your gas and electricity costs
11 months, 3 weeks ago

How much will YOUR energy bill go up TODAY? Use our calculator to find out how the 5% Ofgem price cap rise will affect your gas and electricity costs

Daily Mail  

A new online calculator has revealed how much your gas and electricity bills will go up from today after Ofgem increased its price cap amid rising wholesale prices. Energy price per unit 1 October to 31 December 2023 Electricity 27.35 pence per kWh 53.37 pence daily standing charge Gas 6.89 pence per kWh 29.62 pence daily standing charge 1 January …

Lower energy price cap takes effect amid concerns households will pay more
1 year, 2 months ago

Lower energy price cap takes effect amid concerns households will pay more

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A fall in Ofgem’s energy …

Ovo joins calls for overhaul of household energy standing charges
1 year, 3 months ago

Ovo joins calls for overhaul of household energy standing charges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Energy bills expected to fall £150 a year from October
1 year, 4 months ago

Energy bills expected to fall £150 a year from October

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The amount that an average …

Ofgem seeks views on how to encourage people to switch to off-peak power use
1 year, 4 months ago

Ofgem seeks views on how to encourage people to switch to off-peak power use

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy regulator Ofgem has started …

UK’s ‘broken’ energy system revealed as firms set to make £1.7bn profit
1 year, 4 months ago

UK’s ‘broken’ energy system revealed as firms set to make £1.7bn profit

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Simon Francis, coordinator of the …

People told to read meters after energy prices fall
1 year, 5 months ago

People told to read meters after energy prices fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy People across Great Britain have …

Why are electricity prices rising in July? How can I cut costs? Your energy questions answered
1 year, 6 months ago

Why are electricity prices rising in July? How can I cut costs? Your energy questions answered

ABC  

Energy costs are set to rise, once again. "If you're not getting extra bells and whistles from your electricity retailer, then this is what the regulator says is a reasonable price to pay for electricity," Ms Reeve says. She said current forward contracts, which the regulator would take into account for the next default market offer period, are at a …

Average household energy bill to fall by £426 from July amid Ofgem price cap cut
1 year, 6 months ago

Average household energy bill to fall by £426 from July amid Ofgem price cap cut

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. At its peak, the price cap reached £4,279 and, …

Household energy bills to fall from July after cut to Ofgem’s price cap
1 year, 6 months ago

Household energy bills to fall from July after cut to Ofgem’s price cap

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. At its peak, the price cap reached £4,279 and, …

Households with prepayment meters won't pay more than direct debit
1 year, 9 months ago

Households with prepayment meters won't pay more than direct debit

Daily Mail  

Households with prepayment meters for gas and electricity will get help to ensure they are charged no more than those who pay via direct debit. Chancellor Jeremy Hunt said: 'Ofgem has already agreed with suppliers a temporary suspension to forced installations of prepayment meters' Households with prepayment meters for gas and electricity will get help to ensure they are charged …

Energy Secretary hints 20% energy bill hike in April WILL be ditched
1 year, 9 months ago

Energy Secretary hints 20% energy bill hike in April WILL be ditched

Daily Mail  

Grant Shapps has hinted there could be further help for consumers struggling with large utility bills ahead of another increase expected next month. The Energy Secretary said he was 'sympathetic' to calls for more state aid with families staring at a 20 per cent increase in average bills. Energy regulator Ofgem is lowering its energy price cap from the current …

Energy bills set to eat up 10% of average salary as government support ebbs
1 year, 9 months ago

Energy bills set to eat up 10% of average salary as government support ebbs

The Independent  

Energy bills will account for up to 10 per cent of the average salary from April, new research from the TUC suggests, as analysts warned that households won’t see the benefit of falling wholesale prices until at least July. TUC general secretary Paul Nowak said: “The government must cancel its imminent hike in household energy bills at next month’s budget. …

Energy price cap: When will bills fall and by how much?
1 year, 10 months ago

Energy price cap: When will bills fall and by how much?

Daily Mail  

Here is everything you need to know about the future of energy bill pricing Here is everything you need to know about the future of energy bill pricing But the major savings will come if providers bring back cheap fixed-rate deals Households will save £426 a year on their energy bills from this summer, regulator Ofgem says, offering hope to …

Energy bills forecast to fall further as gas prices tumble
1 year, 11 months ago

Energy bills forecast to fall further as gas prices tumble

The Telegraph  

Energy bill forecasts have been cut for the second time in two weeks in a boost to households and the government. Investec now expects the price cap on energy bills to fall to £3,317 in April, then £2,478 in July and £2,546 in October. It indicates that the price cap will fall below the £3,000 level from April of the …

Households heading for £500 energy bill boost
1 year, 11 months ago

Households heading for £500 energy bill boost

The Telegraph  

Households are on course to pay hundreds of pounds less than feared for energy after gas prices dropped to their lowest levels since before Russia’s invasion of Ukraine. Analysts at Investec forecast that the energy price cap, which dictates what suppliers can charge for gas and electricity, will be as low as £2,600 per year from July. But Mr Young …

Huge energy bills could persist until 2030, experts warn
1 year, 11 months ago

Huge energy bills could persist until 2030, experts warn

The Independent  

Sky-high energy bills are not a “single winter” problem and could persist up until 2030, an industry expert has warned. “Gas prices in the UK are projected to continue to be impacted as the country’s heavy reliance on imported gas sees it vulnerable to global rises,” he said. “Our long-term forecasts indicate gas prices are likely to remain high up …

How you can get paid for using appliances at off-peak times
2 years ago

How you can get paid for using appliances at off-peak times

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy People in Britain will be given money back on their …

Everything you need to know about energy price cap after November rise
2 years ago

Everything you need to know about energy price cap after November rise

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy From 1 January the energy price cap will rise to …

Martin Lewis explains how energy price cap will affect customers
2 years ago

Martin Lewis explains how energy price cap will affect customers

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Martin Lewis, founder of the Money Saving Expert website, said January’s changes were “mostly …

Timeline of energy cap increases as bills surge by 80% in six months
2 years ago

Timeline of energy cap increases as bills surge by 80% in six months

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. But new PM Rishi Sunak has announced plans to rise the energy price cap …

Energy bills will rise sharply when government’s price cap expires
2 years, 1 month ago

Energy bills will rise sharply when government’s price cap expires

NL Times  

The average gas and electricity bill will increase by some 2,500 euros in 2024, according to the homeowners’ association VEH. The spike is due to the government’s energy price cap expiring, combined with significantly higher energy taxes, VEH director Cindy Kremer said to the Telegraaf. “We call on the Cabinet to prevent the energy bill from becoming unaffordable for many …

UK push to restore finances means higher taxes, energy bills
2 years, 1 month ago

UK push to restore finances means higher taxes, energy bills

Associated Press  

LONDON — Millions of people across Britain face higher taxes and energy bills after the government on Thursday announced an emergency budget focused on restoring the country’s financial credibility and bolstering an economy battered by soaring inflation. The agency said Hunt’s proposals would help slow inflation, boost economic growth and rein in government spending over the next five years. “This, …

Millions of Britons face £900 energy bill hike in April as cap ends
2 years, 1 month ago

Millions of Britons face £900 energy bill hike in April as cap ends

Daily Mail  

Millions of households face a cost of living crunch in April with average energy bills rising by £900 as the government's cap ends - and council tax almost certain to soar. Rishi Sunak said there was no option about 'putting our public finances on a sustainable trajectory', suggesting that otherwise there would be a repeat of the market meltdown that …

Half of households say they will spend more on energy bills than rent
2 years, 2 months ago

Half of households say they will spend more on energy bills than rent

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

UK government caps energy bills for businesses for 6 months
2 years, 3 months ago

UK government caps energy bills for businesses for 6 months

Associated Press  

LONDON — Britain’s government said Wednesday it will cap wholesale energy bills for businesses this winter to ensure companies don’t go bust amid soaring energy prices. Authorities said the government will pick up nearly half of all business energy bills for six months starting Oct. 1 to ensure companies “are able to get through this winter.” “We’re going to review …

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