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Energy

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Energy standing charges, which make up around £300 of most people's yearly bills, are to be reviewed by the energy regulator. Ofgem has asked bill payers, suppliers, charities and consumer groups for their views on how an alternative system could work. 
28 May 2024
Martin Lewis: 'The Energy Price Cap is down 7% – the good, the bad, and the ugly'.
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.
24 May 2024
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If you get your electricity from Electric Ireland, you'll have to switch in the future, as the provider will stop supplying all 53,000 of its household customers in Northern Ireland over time – though there's no change for now. Here's what you need to know.
15 May 2024
Cheap energy deals for switchers could be back soon after Ofgem ends ban – Martin Lewis says it's 'better late than never'.
Rules that prevent energy firms from offering cheaper deals to new customers could be scrapped by October, paving the way for you to cut your bills by switching supplier. MoneySavingExpert.com founder Martin Lewis said the move is a much-needed fix for the broken energy market, though while "better late than never", he cautioned that the change is still too far off.
14 May 2024
Stove top
Energy Secretary Claire Coutinho has responded to calls from MoneySavingExpert.com (MSE) founder Martin Lewis to address high standing charges, fix broken smart meters and tackle the lack of competition in energy switching.
30 April 2024
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The Energy Price Cap, which dictates the rates most people pay for energy, is now predicted to fall by less than expected over the next year, according to the latest data from analysts Cornwall Insight. It means you'd pay on average 15% less than the current Price Cap over the next year – but you could save more than this by fixing now. We take you through your options.
28 March 2024
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Energy Secretary Claire Coutinho has confirmed the Government will look for solutions to help people being chased for debts owed to defunct energy firms, who currently have no viable way to escalate complaints. It follows a letter sent by MoneySavingExpert.com (MSE) founder Martin Lewis calling for urgent action on the issue. 
26 March 2024
He's bad! 'Michael Jackson' chases former Igloo Energy and Together Energy customers for debts – do you need to respond?
Unbelievably, a debt collection firm has been sending emails that appear to be signed by the late pop star Michael Jackson asking for repayments owed to energy firms that have gone bust. In some cases, people don't owe the debt, in others they do – unfortunately it's not always 'black and white'.
12 March 2024
Mobile in pocket with British Gas on the screen
British Gas is extending its offer of half-price electricity on Sundays for some smart meter customers until April 2024. It's part of the energy firm's 'PeakSave' scheme and is a no-brainer for those who can get it. But you should still keep an eye out for cheaper fixed deals, as they could save you more in the long-term.
28 February 2024
Octopus Energy to buy Shell Energy UK.
Octopus Energy has bought Shell Energy UK in a move which will see Shell's gas and electricity customers moved to Octopus. If you're with Shell, your account, including payment details, will be transferred automatically in the coming weeks and months – just look out for a welcome email from Octopus. Until then, there are no changes and you should keep paying your bills as normal.
8 February 2024

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