"Though it may be tempting to omit a condition in order to get the price down, it's never worth the risk. Failing to declare something in advance could see your policy invalidated and in the worst cases, leave you with a bill in the thousands of pounds." 22 May22 M...
How much will you pay under the new energy price cap? Remember, the price cap figures are based on average use. If you use more than this average you’ll pay more, if you use less you’ll pay less. Plus, it can vary regionally so you’ll need to check where you live to see exa...
"The first thing I want to remind people is that you don't have to pay the price cap - there are better deals out there so it's important to shop around, and talk to your existing supplier about the best deal they can offer you, and changing ...
Future cap: 1 July to 30 September 2025 DOWN slightly - PREDICTION 4. Is it worth ditching the price cap? If you’re on a standard variable tariff right now, it will probably be the same as the price cap. There are fixed deals available that work out cheaper than this. But they typi...
Jake leads on price discovery for hydrogen as a tradeable commodity, engaging with European energy market participants to refine ICIS’ hydrogen pricing methodology. Jake joined ICIS in 2019 as a UK gas market reporter, moving to hydrogen in 2020. ...
How do fixed energy deals work? Fixed price gas and electricity tariffs guarantee that their unit rates won't go up or down. This is attractive because it offers price certainty against an unpredictable energy market. Fixed rate energy plans sometimes include an early exit fee, which you will...
When does the energy price cap change? The energy regulator Ofgem sets theenergy price cap. It aims to ensure that customers are charged a fair price for their energy. It is reviewed every three months and any changes come into force in January, April, July and October. ...
What is the energy price cap and how does it affect me? The energy price cap affects around 22 million UK households without fixed deals, which usually means those customers have higher energy costs. It caps the amount suppliers can charge for each unit of energy, along with daily standing ...
The price cap is for the typical household consumer with medium energy consumption. The price cap does not apply to your overall bill, which will vary based on how much energy you use. Your energy bill will affect how you pay for energy, where you reside, the sort of meter you have, ...
Watch the latest from ITV News - Ofgem’s energy price cap will increase by 10% from £1,568 to £1,717 from October 1 for a typical household in England, Scotland and Wales.