Outrageously, most people will pay £300 per year just for the facility of having gas and electricity, even if you don't use any. This is due to the high energy standing (daily) charges. These are a moral hazard and should, at the minimum, be substantially reduced – something I am, again, campaigning with the regulator Ofgem to change. So I wanted to bash out this blog to run you through it.
Energy firms met the new Liz Truss administration yesterday, and it's strongly rumoured that top of the agenda was freezing the price cap at its current level (£1,971/yr for someone on typical use) and adding small business to the cap too. This is similar to suggestions made by the main opposition parties – though likely to be funded in a different way.
I always suggest, when you’re doing an energy comparison, to enter the kilowatt hours (kWh) figure from your bill, if possible, as it gives a more accurate result than entering the cost. (Though the sin of inaction is far greater than the sin of inaccuracy – so if you’re unsure, don’t be put off.)
British Gas is the UK’s biggest energy firm, and millions of customers stick with it through thick and thin, even if they know they can get much cheaper deals elsewhere (as I constantly nag about). Yet right now there’s a route that enables existing British Gas direct debit customers, who use dual fuel (ie, gas & electricity)...
British (and Scottish) Gas is the UK’s biggest energy supplier, serving over 10m homes. And no surprise for a provider still benefitting from its past monopoly advantage, it ain’t cheap! After all, why should it be – many of its customers stick with it, price hike after price hike, bill after bill. Currently though, there is a...
Comparing energy tariffs is easy. Yet as I’ve learnt over the last year, it’s picking your new supplier from a list of unknown names that is putting many off. So I wanted to bash out a quick blog to show you how to navigate through that. The majority of people in the UK are overspending on energy...
British Gas today announced 6% price rises to hit on 16 November, while SSE will hike prices by 9% next Monday. There’s still time to beat these by locking in cheaper prices with no jumps guaranteed for two years (see the Cheap Gas & Electricity guide for how). The solution is all about switching to a cheap...
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Martin Lewis: Energy bill credit – how much is too much? Stop the rip-off and get back £100s, by understanding the monthly direct debit energy cycle…28 November 2023Martin Lewis dissects how much energy bill credit is too much, and when it's best to ask for it back
21 November 2023
21 November 2023Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of...
6 November 2023The joy of good salt 'n' vinegar is you bite them, and they bite back – the flavour needs to be strong, sharp, and leave your tongue feeling like sandpaper. So it's time to focus MSE's data-crunching expertise on to the ultimate investigative challenge... finding the UK's best salt 'n' vinegar crisps.