Energy bills: Last minute supplier deals as £96 price hike comes into force tomorrow

LifeStyle


Ofgem sets an energy price cap to limit the price suppliers can charge their customers for their electricity and gas twice a year.

Jonathan Brearly, chief executive of Ofgem, said: “Energy bill increases are never welcome, especially as many households are struggling with the impact of the pandemic. We have carefully scrutinised these changes to ensure that customers only pay a fair price for their energy.  “The price cap offers a safety net against poor pricing practices, saving customers up to £100 a year, but if they want to avoid the increase in April they should shop around for a cheaper deal.  

“As the UK still faces challenges around COVID-19, during this exceptional time I expect suppliers to set their prices competitively, treat all customers fairly and ensure that any household in financial distress is given access to the support they need. 

“The government and Ofgem have been working with the energy industry and consumer groups to support customers through this difficult time and I urge anyone worried about paying their energy bills to contact their supplier and access the help available.” 

READ MORE: Aldi slashes the price of groceries to 19p as Easter price war begins



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *