UK households spent nearly a third (28%) more on energy in April 2022 than the previous April, as the new energy price cap…
Continue ReadingQuarterly Price Cap Adjustments Could Mean Lower Energy Bills Next Winter
Written by Lauren Smith in Household & Bills
Ofgem’s plan to adjust the energy price cap every three months could mean bills fall more quickly next winter, according to a new…
Continue ReadingPoorest Households Face Longest Waits for the £150 Energy Rebate
Written by Lauren Smith in Government Policy Household & Bills
Some of the poorest households in England and Wales face the longest waits for the £150 council tax rebate designed to offset soaring…
Continue ReadingOfgem Proposes Quarterly Adjustments of the Energy Price Cap
Written by Lauren Smith in Energy Suppliers Household & Bills
Britain’s energy regulator has proposed adjusting the energy price cap as frequently as every three months as forecasts suggest wholesale markets will remain…
Continue Reading‘Febrile’ Gas Markets Spell Further Energy Price Hikes this Year, Ofgem Boss Warns
Written by Lauren Smith in Household & Bills Oil & Gas
Continued volatility in the wholesale natural gas prices will mean a further hike in the energy price cap in October, putting “a huge…
Continue ReadingHouseholds Resorting to Buy Now Pay Later to Pay Energy Bills
Written by Lauren Smith in Household & Bills
Desperate consumers are resorting to buy now pay later (BNPL) schemes to spread out the cost of their gas and electricity bills, a…
Continue ReadingEnergy Bills Could Hit £2,800 This Year, Bank of England Warns
Written by Lauren Smith in Household & Bills
The Bank of England is warning that energy bills will climb to £2,800 in October, contributing to 10% inflation and leaving the UK…
Continue ReadingFuel Poverty Most Prevalent in the West Midlands in 2020
Written by Lauren Smith in Household & Bills
In 2020, fuel poverty was most prevalent in the West Midlands and Yorkshire and the Humber, where nearly one in five households struggled…
Continue ReadingAnalysts warn energy prices could remain high until 2030
Written by Michael Quinn in Household & Bills
New research has indicated that Brits could be facing high energy prices into 2030 and beyond. The data, compiled by consultancy firm Cornwall…
Continue ReadingSome Households Won’t See the Council Tax Rebate Until September
Written by Lauren Smith in Government Policy Household & Bills
Local authorities are warning that the £150 council tax rebate, a key component of the government’s energy bill relief package, may be delayed…
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