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The Latest Breaking News from Ofgem

Energy bills predicted to FALL further this year as price of gas tumbles

Finance firm Investec predicts the Ofgem price cap on energy bills could fall to £3,317 in April, then £2,478 in July and £2,546 in October - this would be lower than the Energy Price Guarantee

Daily Mirror

How do prepayment energy meters work and what is being done to stop people being cut off?

Ofgem moves to stop forced installation as penalty for customers falling behind on their bills

The Independent UK

Warning to smart meter owners as ban called on 'forced' switch to prepayment

An estimated 600,000 people were moved onto a prepayment meter last year. And if you have a smart meter, suppliers can make the switch remotely.

Daily Record

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Date energy bills will rise this year - and what support you can get

The Government's cap on how much you pay for energy will increase by 20 per cent in April

Nottingham Post

Citizens Advice reveal the number of Britons unable to afford electricity in 2022

Citizens Advice bureau says it saw more people who were unable to top up their meter in 2022 than in the whole of the last 10 years combined

The Independent UK

Warning after three million people cut off because they couldn't afford their energy bills

Research from Citizens Advice found that 3.2 million people in the UK ran out of credit on their prepayment meter last year because they couldn’t afford to top up

Daily Mirror

Three million ran out of prepayment meter credit last year – Citizens Advice

The advisory service said it had seen more people who were unable to top up their meter in 2022 than in the whole of the last 10 years combined.

The Independent UK

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Martin Lewis issues warning to energy bill payers - and you could save up to £2,500

Martin told listeners to check if their energy direct debit was correct as some could be paying thousands more than they need to

Nottingham Post

Martin Lewis issues urgent warning to energy bill payers - as woman saves thousands

The financial guide said that it was 'absolutely worth checking' to see if your energy bills are correct - as you could be paying thousands more than required

Chronicle Live

Martin Lewis issues warning to energy bill payers - as woman saves £2,500

Martin told listeners that it was “absolutely worth checking” if their energy direct debit was correct as some could be paying thousands more then they need to

Daily Mirror

All the help you can get NOW with your energy bills - including free £1,500

Mirror Money has compiled a list of all the grants, loans and support packages available if you're struggling to keep on top of or need help after falling behind on your energy bills

Daily Mirror

Renters save almost £400 on energy bill by switching off silent 'guzzler' machine

Harriet explained that they were being charged the same amount as a family home. Only when they had a leak repaired did they notice their mistake and was able to cut £372 off their high energy bill.

Edinburgh Live

Renters saved almost £400 on energy bill after switching off silent 'guzzler' machine

"We moved into our first house but in early summer last year our bill went up from £125 per month to £240, even though we knew a rise in price was coming given the price cap at the time, this was a lot more than expected"

Nottingham Post

Woman saves hundreds on her EDF bill by turning off 'guzzler' she never knew was there

Which? experts say the immersion heater is uneconomical and can rack up a hefty electricity bill

Wales Online

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The Guardian - UK

Tesla stock has only plunged to a less ludicrous level as competitors catch up

Elon Musk’s misadventure with Twitter is not the main factor in the dramatic decline in value

Wales Online

DWP benefits, minimum wage and energy prices: All the big money changes to look out for in 2023

All the important dates for increases to wages, benefits, pensions, cost of living payments and more

Daily Mirror

Why UK bills are unlikely to drop for ‘years’ despite huge wholesale price fall

The gas market can be complicated so we’ve broken down some of the key details explaining why your bills are unlikely to fall even though the price of gas has dropped to levels not seen since before Russia's invasion of Ukraine

Wales Online

Wholesale UK gas prices now lower than at start of Ukraine war

Natural gas futures have fallen below 170p over the past few days, whereas it cost over 500p following Putin's invasion of Ukraine, and over 650p in August

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Chronicle Live

All the big money changes to look out for in 2023 month by month - including DWP benefits, minimum wage and energy prices

From energy costs to benefits changes, January 1 marks the start of a raft of moves that will affect your budget this year

Chronicle Live

How your heating bill will change with energy price cap rises from January 1

Hike will make little difference to most households, but the changes depend on how you pay your bill and the tariff you are on

The Independent UK

Scammers ‘exploiting cost of living crisis to steal money and information’

Texts and emails claim to offer government schemes for discounted energy bills and tax refunds

Daily Record

Will energy bills change with Ofgem price cap set to rise on January 1

The Energy Price Guarantee - covering the amount you pay per kilowatt - is still in place, but what does this actually mean for your bills?

Chronicle Live

Energy bill confusion after households warned of changes coming into force in January

Ofgem has confirmed that the price cap will increase by around 20% as of January 1 - but UK households are covered by the Energy Price Guarantee

Daily Mirror

Will my energy bill rise in January? Households confused after being emailed about change

The regulator Ofgem has confirmed its price cap will increase by around 20% from January 1 - but households are still covered by the Energy Price Guarantee, so what does this mean for your bills?

Nottingham Post

Fears January 1 energy bill confusion could be caused by changes

Power companies are set to contact customers to tell them about changes - but people are being told not to worry

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