We’ve all had that fear. You come home to find the white envelope from your energy provider lying on your doormat, and put off opening it for as long as you can out of sheer dread at what you’ve been charged. Paying bills is about as much fun as getting a splinter or banging your […]
Category: Energy Switching
What does the new price cap mean for you?
What is happening with the price cap? Today Ofgem, the energy regulator, has announced that there will be a price cap cut of £75. However, while the change was announced earlier today, it actually takes effect on the 1st of October. The price cap affects an energy company’s standard variable tariff and the price is […]
Cheapest electricity prices
How do I find the cheapest electricity supplier? There is no straightforward answer to this question. The price of electricity in the UK changes by the day, as do energy tariffs. Energy suppliers compete to win new customers, bringing out cheaper gas and electricity tariffs all the time. You need to switch your electricity supplier […]
The energy loyalty penalty
People are losing out on a collective £1.9 billion a year for staying loyal to their energy company. Our new research has found the difference you pay as a loyal customer against a new customer is a staggering £169 per person. The problem extends across suppliers big and small. What is the loyalty penalty? The […]
4 ways to switch energy supplier
You can find the cheapest energy deals on the market by looking at fixed term deals. These tariffs usually last for one year. The trouble is our suppliers roll us on to their most expensive tariff if we don’t switch when these deals comes to an end. Here are 4 ways to switch energy supplier, […]
Cheap Energy Club vs Look After My Bills
The concept of finding the cheapest energy supplier seems straight forward. You can contact your supplier direct, compare deals on comparison sites, sign up to email reminders like the Cheap Energy Club or switch through a service that does it all for you. Yet 1 in 2 people are on the most expensive tariffs because […]
Unexpected consequences of the price cap
The energy price cap was first introduced as a way of protecting the most vulnerable customers from being ripped off. Far, far too many people have been overpaying for their energy bills (still an estimated 11 million) and no one is under any illusion that the energy market is fair to consumers. The energy price […]
The May Loyalty Tax
Our research has found that 78 fixed energy contracts are coming to an end tomorrow – Friday 31st of May. This means that hundreds of thousands of people will roll on to their supplier’s default tariff – the most expensive deal. This is an average jump in price of £212. The worst culprit is Npower […]
Monzo energy switching v Look After My Bills
This week, Monzo launched their new energy switching service. A few of us in the team are fans of Monzo for banking so we were intrigued to see they were trying their hand at energy switching! We have had a look into the new service to see how it shapes up. Read on for our […]
Who is the best energy supplier for you?
The best energy supplier can depend on a few things. How much energy you use, the region that you live in, wholesale energy costs and the time that you are looking. Usage Usage has been classified into low, medium and high by Ofgem, the energy regulator. They calculate these figures from the median usage from a […]