energy prices

Energy price cap set to fall in April 2024 but standing charges will increase

Energy regulator Ofgem has announced a reduction of the energy price cap for the second quarter of 2024, but standing charges are going up. Ofgem says the price cap, which sets a maximum rate per unit that can be charged to customers for their energy use, will fall by 12.3% on the previous quarter from […]

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Energy price cap lowered for last quarter of 2023

Energy regulator Ofgem has announced a reduction in the energy price cap for the last quarter of 2023 (Oct to Dec).      The change will bring the average dual-fuel energy bill below £2,000 a year for the first time since April 2022, saving households an average of £151 on the previous quarter. From 1 October – […]

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How installers can approach the energy price surge

Martyn Bridges, Director of Technical Services at Worcester Bosch, discusses how installers can approach the energy price hike, and offers simple tips that can help homeowners across the UK save money on their bills: In April it was announced that the price cap had been removed from energy bills and this is predicted to have […]

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How the energy market must respond to 1 April energy hike

The energy price cap will increase for tens of millions of British people on 1 April, hiking customer bills by up to £700 per year, a number which may increase again in October. Pilgrim Beart – DevicePilot CEO – believes that the next six months are momentous, and this is the best chance the UK […]

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How much? Why are energy costs rising so rapidly?

Neil Schofield, Head of Government and External Affairs for the Worcester Bosch Group, comments on the energy price hike in the UK: “How much?!” is the question households across the UK will be spluttering into their tea when they get their first bill after April 1st. Fitting for April Fool’s Day, bill payers in the […]

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