MARTIN Lewis has welcomed a major change to energy tariffs proposed by the regulator Ofgem that could give billpayers cheaper deals again.That ban could now be lifted as soon as October - earlier than the expected March 2025 date it was set to end.
"Most firms are currently happy to sit on their existing customers and profit - where once you could switch and save 30%, now it's a few per cent at most.What energy bill help is available? Thousands of vulnerable households are missing out on extra help and protections by not signing up to the Priority Services Register .However, when looking at the wider energy market, there are still a number of deals worth switching to right now.Energy firms have started introducing price cap-beating fixed energy deals in recent months, though nowhere near the levels seen before the energy crisis.
It means that bills could fall again and current predictions from Cornwall Insight forecast that they'll hit £1,540 a year for the average household from July 1.energy billThe unit rate will usually be shown on your bill in p/kWh.The standing charge is a daily charge that is paid 365 days of the year - irrespective of whether or not you use any gas or electricity.Once you have these details, you can work out your gas and electricity costs separately.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MENnewsdesk - 🏆 23. / 69 Read more »