Cheap Energy Club

Npower and SSE, two of the big six energy firms, will no longer go ahead with their planned merger.

OneSelect, a small supplier with 36,000 domestic customers, has become the latest energy firm to stop trading. If you're affected, your supply will continue as normal and any outstanding credit balance you have is protected.

Small energy supplier Outfox the Market has announced it is to raise prices yet again – the second time it's announced a hike this month, and the fourth since June. 

Small supplier Outfox the Market is changing how it takes monthly direct debit payments, meaning some customers face paying 40% more during winter months – on top of hiking prices for the third time in five months.

Spark Energy, a small supplier with 290,000 domestic customers, has become the latest energy firm to stop trading. If you're affected, your energy supply will continue as normal and any outstanding credit balance you have is protected.

The energy price cap announced today is "misnamed" and is NOT an indication of the maximum amount householders will pay, Martin Lewis has warned.  

Small supplier Eversmart Energy has launched the cheapest one-year fix on the market – but you'll need to pay the whole cost upfront. 

Energy supplier Ebico is ending its variable, zero-standing charge tariff, and moving all 46,000 customers on it to a higher priced deal – blaming Ofgem's incoming price cap for the move. 

Octopus Energy has increased the price of its standard tariff by 11% – though it says former Iresa customers are protected from the hike. 

Economy Energy is hitting thousands of customers with an astonishing £300+/year rise – but many will be able to escape it by switching away, or in some cases an admin blunder means they'll beat the hike.  The fact the price is rising is not a surprise, as most energy firms are increasing costs. What is shocking is the scale of the rise, which is as big as we can remember in recent years. While on average it will lead to a rise of £311/yr on typical use – 38% – some are set to be hit with an increase of up to £460/yr. The hike hits on Sunday 7 October. As it's a variable tariff you can at least switch penalty-free, but we have learned scores of bill-payers were wrongly told it was actually a fixed deal whereby the price per unit of energy was fixed for a year. This admin blunder was made in a 'welcome' email sent by Economy Energy. After MoneySavingExpert.com got involved, Economy Energy told us by phone it would not levy the hike on anyone who could prove they got this email (see it below, with the important lines highlighted). But since, when we've asked for confirmation in writing all throughout this week, it's gone quiet, which we find outrageous. However, some MoneySavers who got this email have told us they've successfully challenged the rise.