The UK’s energy regulator Ogfem has announced new steps to safeguard consumers who pay their bills via direct debit in order to “ensure credit balances do not become excessive.” The additional financial measures will also guarantee that suppliers can survive future shocks, adding that providers would be able to “weather the persistent storm” of business […]
Ofgem Announces New Measures to Protect Customers Read More »
Trade union leaders, frontline workers and community organizations joined the protest in London, demanding a “better deal” for workers struggling to cope. The TUC organized hundreds of buses to transport protestors from around the UK to London and demanded “a reasonable pay boost for public-sector employees” and a £15 minimum wage. Prime Minister Boris Johnson has
Cost of Living: Protesters demand action on skyrocketing prices Read More »
From the 14th of July, more than eight million households will receive the new cost-of-living payment. This is the latest support coming from the UK government to tackle the current crisis facing the nation. Across the UK, a cash payment will be made available to help ease the cost of living pressures. The first of
New UK Cost Of Living Payment To Help Current Crisis Read More »
There is no way for regular citizens to stop the current crisis and prevent prices from rising. But, there are several things everyone can do to navigate the rising cost of living and survive these difficult times. Do an energy price comparison If your current energy contract is about to finish, make sure to do
Rising prices are affecting millions of households in the UK and around Europe. More and more families are struggling to pay their energy bills and purchase essential supplies such as food or medicine. As energy bills are expected to go up even more in October, it is unlikely that the cost of living will become
SSE Airtricity has announced a massive 43 percent increase in gas prices, affecting around 190,000 consumers. A typical customer will experience an increase of roughly £1.02 per day as a result of this tariff adjustment. This hike will take effect on July 1, 2022, and will affect all SSE Airtricity home and small business customers.
SSE Gas Prices Rise by 42% for Small Businesses & Home Customers Read More »
Every week the news from the UK energy industry highlights the fact that the energy crisis keeps deteriorating. Prices are going up at an extremely high pace, making certain families worry that next time there is an increase, they will no longer be able to pay for their supply. The government has introduced a number
Can homegrown energy be a solution to the UK energy crisis? Read More »
A lifeline has been provided by Octopus Energy to guarantee homebuyers no energy bills. The UK energy crisis has swept the nation and now, one of the leading energy suppliers has teamed up with housebuilder Ilker Homes to create a new support scheme. The spiralling cost of living has meant many are struggling with energy
Octopus Energy Planning To Support Homebuyers Amid Energy Crisis Read More »
Across the UK, energy prices are increasing more than ever, however, when it comes to each nation, Scotland has higher energy bills than the rest. According to data from comparethemarket.com and the SNP, in Scotland, the average home is paying £1,651 per year for energy. In comparison, the average price in Wales is £1,525 and
Scottish Homes Pay More For Energy Compared To England And Wales Read More »
Last week, the Chancellor announced a windfall tax on oil and gas corporations to help people in the UK cope with the rising cost of living. The new charge is expected to collect roughly £5 billion in revenue, which will go toward funding the government’s energy assistance package, which includes a £400 energy bill discount
Windfall Tax – What does this mean for Renewables? Read More »