Electricity prices

Energy suppliers will need to offer tariffs with low or no standing charges under new plans to tackle the issue of high standing charges, which make up over £330 of most people’s annual bills.

The price most households pay for gas and electricity will rise by 1% on average from 1 January 2025 as energy regulator Ofgem has announced the latest Energy Price Cap rates.

Rules that prevent energy firms from offering cheaper deals to new customers will remain in place until March 2025, regulator Ofgem has confirmed. It means you're less likely to be able to cut your bills by switching supplier for the time being – though there are still some deals worth considering now.

The price households pay for gas and electricity will fall by 7% on average from 1 July as energy regulator Ofgem has announced the latest Energy Price Cap rates. Yet despite this, energy bills remain much higher than before the energy crisis hit. We've full info below.

An energy social tariff must be introduced urgently to prevent millions of households from falling into fuel poverty this winter. In a new open letter published today – and backed by MoneySavingExpert.com (MSE) and its founder Martin Lewis – a coalition of 140 charities, consumer groups and MPs are calling on the Government to fulfil its repeated pledges to protect vulnerable energy customers.

Many E.on Next customers could make an easy saving on their energy bills over the next year by switching to the firm's 'Pledge' tariff, according to MoneySavingExpert.com founder Martin Lewis, who shared the tip in a new video briefing today (Thursday 21 September).

Energy standing charges unfairly penalise households on lower incomes and those looking to cut their usage, a cross-party group of MPs have said in a new report published today. Echoing calls from MoneySavingExpert.com (MSE) and its founder Martin Lewis, the report urges the Government to "revise and replace" the charges, which make up around £300 of most people's yearly bills. 

Brand new app-only supplier Fuse Energy – the first new supplier to enter the market since the start of the energy crisis – has launched an electricity-only tariff that undercuts the Price Cap. Crucially, the Fuse deal has lower standing charges, making it especially attractive for lower users – but there are some potential drawbacks to consider before you switch.

Households on direct debit energy bills are likely to pay around 18% less for gas and electricity from 1 July, according to final price cap predictions shared today by MoneySavingExpert.com founder Martin Lewis – see his full explanation below.

Energy bills are rising for many this month despite the postponement of a 20% planned price increase in April. This is largely due to two reasons; firstly, the Government's £66 or £67 monthly support payments have stopped, and secondly, some suppliers are also reviewing direct debit levels at the same time. Here’s what you need to know.