Octopus Energy has become the first supplier to set prices for existing customers below the level of the energy price cap.
Continue ReadingEDF and Scottish Power are the first energy suppliers to confirm price hikes this spring in line with the adjusted price cap, but…
Continue ReadingEnergy Bills to Rise by £693 from April But Most Households Will Get £350 in Government Help
Written by Lauren Smith in Government Policy Household & Bills
Household energy bills will rise by 54% to an average of £1,971 per year from 1 April as Ofgem adjust the price cap…
Continue ReadingMillions of households will face a further punishing hike in their gas and electricity bills in October, with the latest projections suggesting the…
Continue ReadingOfgem to Review Energy Price Cap and Scrutinise Suppliers’ Business Models
Written by Lauren Smith in Energy Suppliers
Ofgem announced it will consult on the way the energy price cap is calculated, amid a surge in wholesale gas and electricity prices…
Continue ReadingBrace for 18 Months of Energy Bill Rises and Supplier Failures, Scottish Power Boss Warns
Written by Lauren Smith in Energy Suppliers
Scottish Power chief executive Keith Anderson is calling for the government to review the energy price cap, as he warns that the surge…
Continue ReadingThe new energy price cap will lead to millions of households facing higher energy bills.
Continue ReadingBritish Gas to Freeze Direct Debits for SVT Customers Over the Winter
Written by Lauren Smith in Energy Suppliers
The UK’s largest energy supplier will freeze direct debits for two million households on its standard variable tariffs (SVTs) over the winter to…
Continue ReadingEDF has become the first energy supplier to announce price hikes in line with the raised price cap, adding the maximum of £139…
Continue ReadingAs expected, Ofgem has raised the energy price cap following a surge in wholesale gas and electricity prices.
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