Around a million households who receive the Warm Home Discount should save an average £120/year on their energy bills when the regulator extends its prepay price cap to some credit meter customers within the next few months.
E.on has announced it is to scrap its standard variable tariff for many customers from next year, replacing it with a cheaper one-year fix with no exit fees – though you'll need to have a smart meter or already be on a fixed tariff to benefit.
About three million households on prepayment meters are set to see their energy bills drop after regulator Ofgem said it would tighten a price cap imposed earlier this year.
The energy regulator is to investigate British Gas over its switching terms after MoneySavingExpert.com presented evidence showing that some customers with fixes ending were wrongly told they'd have to pay up to £60 to switch.
An energy price cap for vulnerable customers could be introduced as part of a raft of Ofgem proposals – but energy switching sites will no longer have to show you by default ALL the tariffs you can switch to, following a U-turn by the regulator.