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 ReadingEnergy Suppliers Have 3 Weeks to Explain Direct Debit Hikes, Kwarteng Says
Written by Lauren Smith in Energy Suppliers
Some energy suppliers have hiked customer direct debit excessively and must justify the increases within three weeks or face “substantial fines,” business secretary…
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 ReadingEnergy Bills Could Remain above £2,000 Until at Least 2024
Written by Lauren Smith in Household & Bills
A new forecast suggests household energy costs could remain well above £2,000 until at least 2024, undercutting the Chancellor’s loan scheme to ease…
Continue ReadingBritish Gas Doubles the Emergency Credit on Prepay Meters to £10
Written by Lauren Smith in Energy Suppliers
Britain’s largest energy supplier has doubled the emergency credit available to customers on prepayment gas and electricity meters following the recent massive hike…
Continue ReadingOctopus announces plan to give 5,000 electric blankets to customers struggling with bills
Written by Michael Quinn in Energy Suppliers
Octopus Energy has said that they will be giving out 5,000 electric blankets to customers, amidst the rising cost of gas and electricity.
Continue ReadingScramble to Submit Meter Readings Crashes Energy Supplier Websites
Written by Lauren Smith in Energy Suppliers
Major energy suppliers British Gas, EDF, E.ON, SSE, Scottish Power, and Bulb all suffered web outages on Thursday as tens of thousands of…
Continue ReadingThird of Brits More Likely to Install Heat Pumps to Reduce Reliance on Russian Gas
Written by Lauren Smith in Household & Bills Oil & Gas
The need to ditch Russian gas has made a third (33%) of Britons more likely to replace their gas boiler with an electric…
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