energy bill

Energy bill rise highlights cost-of-living affordability gulf

27th August 2024 Arrears and Recoveries | #affordability #energy bill

Ofgem has confirmed that the energy price cap will rise 9.5% in October, to £1,717 for an average user, adding £148.92 to an average bill or £12.41 a month. The removal of the winter fuel payment for those on low pension incomes, who don’t qualify for pension credit, will make it even tougher to make…

Ofgem announces energy price cap fall

25th May 2023 Consumer Collections | #energy bill

Energy regulator Ofgem has announced its quarterly update to the energy price cap for the period 1st July – 30th September 2023. From 1st July, the energy price cap will be set at an annual level of £2,074 for a dual fuel household paying by direct debit based on typical consumption, which reflects recent falls…

Energy suppliers hold £6.7bn credit belonging to 16m households

26th April 2023 Consumer Collections | #energy bill

More than 16 million households have over £6.7 billion in energy credit balances with their suppliers according to new research from Uswitch.com. Credit balances are £5.3 billion higher than last year against the background of a mild winter and household efforts to reduce energy use. Households also benefited from the £400 in Government energy support between…

More than one in twenty are behind on their energy bills

16th January 2023 Arrears and Recoveries | #energy bill

More than one in twenty are behind on their energy bills, which grows to around one in ten of those aged 16-49 and women according to latest Office for National Statistics (ONS) data. The figures also showed that 46% of people find it very or somewhat difficult to pay their energy bills – rising to…

Two in five households wrongly believe new energy price cap means their bills cannot go above £2,500

22nd September 2022 Arrears and Recoveries | #energy bill

Almost two in five households (38%) wrongly believe that the Government’s energy price guarantee means their bills cannot go above £2,500, according to new research from Uswitch.com, the comparison and switching service. The measures announced by Prime Minister Liz Truss will support people with their energy bills, and avoid the nightmare scenario of Ofgem’s price…

Working from home could add £131 a month to energy bills

1st September 2022 Consumer Collections | #energy bill

Employees will pay an extra £131 a month in energy costs to work from home this autumn, meaning that those who spend less than £30 on their weekly commute could save money by going to their workplace according to new analysis from Uswitch.com. A typical household will run up a £363 monthly bill for gas…

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