MoneySavingExpert News

Electricity prices

Martin Lewis: April's 20% energy price rise likely to be cancelled as energy firms assume it won't happen

Next month's 20% energy bill rise is now likely to be scrapped by the Government, as energy firms are preparing for it not to go ahead.

15 March 2023

The energy price guarantee is now set to end in April next year – here's what the change means for your bills

The energy price guarantee, which was introduced on 1 October to protect households from a hideous 80% increase in energy bills, will now only last until April 2023, rather than for the next two years as originally planned.

18 October 2022

Martin Lewis urges 'zombie Government' to 'wake up' as energy price cap predicted to rise to £4,266 a year

Millions of people are facing "unaffordable" energy bill rises from October, as the price cap is now predicted to rise from £1,971 a year to £3,582 a year for someone on typical use, with a further 19% rise expected in January 2023, taking typical bills to £4,266 a year.

9 August 2022

Martin Lewis: How the new flat-rate £200 energy bill loan really works – a 2 minute video explainer

The initiative was announced this week in a bid to help households with the rising cost of living, following confirmation that typical energy bills will rise by £700 a year from 1 April.

4 February 2022

Energy price cap could be extended beyond 2023 and households given personalised switching advice under new Government plans

The energy price cap, which limits how much suppliers can charge households on poor value standard variable tariffs (SVTs), could be extended beyond 2023, while households on those tariffs will be given personalised switching advice, under new plans announced by the Government today.

23 July 2021

Igloo Energy to hike prices by 12% from August – but it's still among the cheaper players on the market

Around 180,000 Igloo Energy customers will see their gas and electricity bills rise by £111/yr from August, the energy provider has revealed. But most could beat the hikes and save £100+/yr by switching to a cheaper deal.

6 July 2021

Energy price cap for prepayment customers could be extended after smart meter delays

The competition watchdog has called for the prepayment price cap to stay in place after 2020 due to the slow roll-out of smart meters

31 July 2019

Two big six suppliers hike energy bills following Ofgem's price cap rise

Customers on standard tariffs will see prices rise by £117/yr, on typical use

12 February 2019

Outfox the Market hits customers with FOURTH price hike in six months

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.

29 November 2018

Outfox the Market hikes direct debits by up to 40%

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

27 November 2018