Energy Bills
“High electricity prices hurt all of us” – Chancellor urged to shift electric levies
Ahead of the Autumn budget, Energy UK and E3G have coordinated a letter to the Chancellor – signed by more than 120 organisations – calling for levies to be removed from electricity bills. The letter states that energy bills are currently 70% higher than they were in 2021, which has “profound consequences on the cost […]
Read MoreAre energy bills capped at £1,723? Five costly myths you need to know
Households are being warned that a widely misunderstood detail of Ofgem’s energy price cap could leave them facing much higher bills than expected this winter. The regulator has confirmed that its cap will rise by 4% from October, taking the typical annual dual-fuel figure from £1,663 to £1,723. However, the figure is not a maximum […]
Read MoreEnergy price cap to rise by 4% from October 2026
Energy regulator Ofgem has announced a 4% increase of the energy price cap for the period covering 1 October to 31 December 2026. The energy price cap protects around 22 million households on default tariffs by limiting the maximum rates and standing charges that energy suppliers can charge. It is updated every three months to […]
Read MoreGovernment announces plans for 5% VAT cut on electricity bills
The Government has announced a tax cut to remove VAT from domestic electricity bills from October 1 in time to impact the next Ofgem price cap. This immediate action applies and is funded for this financial year. The cost of this immediate action for this financial year – taken now, before the next price cap – is being […]
Read MoreNew flat rate energy tariff trial launched that isn’t dependent on usage
A new trial Energy Sure, launched by ivie, has been launched to demonstrate how innovative energy tariffs are needed to revolutionise the energy market as we switch to technologies like heat pumps and electric vehicles (EVs). As the UK enters winter, households are expected to see a 36% increase in energy usage compared to summer months. […]
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