Cheap Energy Club

Energy firms are facing increased pressure from the Government to pass on a fall in wholesale costs – the price providers pay for energy – to consumers by slashing household bills.

Extra Energy customers complain they've waited up to nine months to receive their bill while others say their bills haven't arrived at all, which has forced the provider to rethink it's unusual twice-yearly statements in favour of quarterly bills.

Energy regulator Ofgem will be given powers to order suppliers to cut their prices by the end of the year and Labour will freeze prices until 2017 if it wins the general election in May, Ed Miliband is promising.

Suppose I offer you a bet on the toss of a (non-rigged) coin. If you win you get £100, if I win you give me £1. Would you take the bet? Of course you would.

The Big Deal has partnered with The Sun newspaper to launch a collective switch to encourage households to move to a cheaper tariff. But is it worth switching to?

Scottish Power is the latest energy provider to announce price cuts this year, but the drop doesn't take effect until 20 February and the 4.8% reduction only applies to gas.

Three-quarters of low income families struggled with their energy bills last year, jeopardising the health of their children, according to charity Turn2us.

If you're looking to switch energy provider, from today it could take half as long as it did in the past, following a voluntary move by suppliers to make the process easier and quicker.

The price of gas and electricity is unlikely to fall in the next few months for millions of households on their provider's standard tariff even though suppliers now pay less for the energy they sell to us, according to industry insiders. But those looking for a new deal can take advantage of a price war.

British Gas has been ordered to pay £11.1 million to charity after an Ofgem investigation found it failed to deliver energy efficiency measures to low-income households by a given deadline.