All the updated news related to price cap

All the news related to price cap updated in real time

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Customers urged to check meters before 54% jump in energy prices

Households will see the biggest rise in the cost of energy in living memory from Friday when bills increase by 54%, or almost £700, to just under £2,000 a year. Experts have urged householders to submit meter readings for gas and electricity to ...

31 Mar 2022 at 09:25

Energy bills could rise by another £1,000 if gas prices do not drop

Energy prices for millions of households could rise by another £1,000 by October, the boss of the industry body has warned as gas prices continue to soar. Emma Pinchbeck, chief executive of Energy UK, said the average household might be forced ...

03 Mar 2022 at 13:55

Energy bills could rise again this summer under new Ofgem powers

Energy bills for 22 million households might go up again in the next six months after regulator Ofgem handed itself new powers to make emergency changes to the price cap. In a letter to suppliers, the watchdog said it would look after ...

04 Feb 2022 at 09:55

Scotland

More than 380,000 Scots say hard-to-heat homes are reason for sky high bills

One in three Scots are already finding their energy bills unaffordable, a poll has found, just weeks ahead of an announcement which could see rates soar by as much as half. Some 36% of people in the country say their energy bills are ...

24 Jan 2022 at 01:25

British Gas pledges to donate 10% of profit as energy price cap expected to rise

British Gas has pledged to donate 10% of its profits during the energy crisis to help people struggling with rising bills. The money will be provided through the British Gas Energy Support Fund, which gives grants to those most in ...

25 Aug 2022 at 11:08

City

Shell Energy to pay £500,000 after overcharging thousands of price cap customers

Shell Energy is to pay more than £500,000 after overcharging thousands of customers for their gas and electricity since the energy price cap was put in place over three years ago. The business will be forced to return £106,000 to ...

25 Aug 2022 at 10:52

Energy price higher than at time of last price cap estimate, Ofgem chief says

The chief executive of Ofgem has said the market price of energy is higher than it was at the time of the last price cap estimate. In May, the energy regulator predicted that the price cap would reach £2,800 when it is next ...

11 Jul 2022 at 20:27

Johnson’s ‘zombie government’ urged to deliver emergency help with energy bills

Boris Johnson said periods of difficulty were “inevitable” as he faced accusations his “zombie government” was failing to address the crisis caused by soaring energy bills. Consumer champion Martin Lewis urged the Prime ...

28 Jul 2022 at 16:09

People will die this winter due to high energy prices – Martin Lewis

People will die this winter because of the energy price cap rise, Martin Lewis has said. The cap come into effect for around 24 million households in England, Scotland and Wales on default energy tariffs on October 1, ...

26 Aug 2022 at 10:29

Government must increase energy bill discount by at least 150%, Which? warns

The Government must raise its energy bills discount by at least 150% or risk pushing millions of households into financial distress, Which? has warned. The watchdog said the Government’s financial support for all ...

25 Aug 2022 at 01:01

Energy bills could be higher than mortgage payments next year, say experts

Households could see their fuel bills cost more than their monthly mortgage payments next year as energy prices skyrocket, energy consultants have warned. Many people are set to see their disposable incomes ...

25 Aug 2022 at 14:09

Truss cost-of-living plan stalled until she gets ‘full support and advice’ as PM

Liz Truss’s camp says she will not finalise her plans for crucial cost-of-living support before receiving the “full support and advice” only available to the government of the day. The public will likely ...

30 Aug 2022 at 01:29

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