Electricity

A social tariff is the best way to stop millions of vulnerable people overpaying for energy, according to a new report from Citizens Advice published today. The consumer charity says eligible households could save up to £1,500 a year on their bills under the proposals. A social tariff is something MoneySavingExpert.com founder, Martin Lewis, has also long argued for. 

Scottish households on certain benefits can get £150 off their energy bills under the Warm Home Discount scheme – but, unlike in England and Wales, many in Scotland still need to apply. Yet payments are made on a first come, first served basis and some suppliers are starting to close their schemes – so apply as soon as possible to ensure you don't miss out.

Over a million households and businesses have joined energy firm schemes that pay you to cut your usage at peak times, with two official energy cutting events taking place last week. Below we explain how these schemes work, which energy suppliers are offering them and how you can sign up.

Energy companies have been called on to voluntarily stop the practice of forcibly moving customers to prepayment meters without taking every step to support households struggling to pay bills first. The message has been put forward in a letter to firms from business and energy secretary, Grant Shapps. It follows a reported surge in households being moved to prepayment meters over recent months.

More than one in five energy users on traditional prepayment meters say they're yet to receive EITHER of their £66 Government energy help vouchers for October and November, with customers of British Gas being the worst hit, according to a MoneySavingExpert.com (MSE) survey of over 5,500 people.

With energy bills almost doubling this winter and looking set to rise again by more than 40% next year, MoneySavingExpert.com founder Martin Lewis takes a detailed look at the current situation and how much higher bills might climb in 2023. Martin also runs through the crucial financial help available in the latest episode of ITV's The Martin Lewis Money Show Live (watch the full episode).

Households on certain benefits living in England and Wales can get £150 off their energy bills this winter under the Warm Home Discount after the scheme reopened this week. However, unlike previous years, you won't be able to apply for it as you should get it automatically - here's how to check if you're eligible.

If you're struggling to pay your energy bills and have built up a debt on your account, your supplier may want to move you onto a prepayment meter so they can collect repayments over time. But prepay is about £70 a year more expensive than direct debit (on typical dual-fuel use), and there's an added risk of being cut off from heat or power if you run out of credit. Below, we explain your rights to refuse prepayment.

Two of the largest energy firms in Britain, British Gas and Ovo, are still unable to confirm they'll let smart prepay customers use their £400 energy support payments on both electricity AND gas – despite gas being crucial for many people's heating this winter. As the second Government payment of £66 starts hitting meters, MoneySavingExpert.com is once again calling on these firms to let their customers decide how best to use it.

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. Here's what we know so far, and how the shake-up could impact your future bills.