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MoneyMagpie

2023 ENERGY PRICE CAP RISES – INFORMATION AND ADVICE

Reading Time: 2 mins The energy price cap, which is amended every three months, will rise by 20% in January to £4,279 per year for a typical household, up from its current level of £3,549 per year. This year of course, the Government’s energy price guarantee began on 1 October, with a discount off these rates to all households, … read more

Can You Really Save Money on Your Energy Bill with an App?

Reading Time: 5 mins This is a paid post on behalf of ivie Thinking about how much energy we’re using has become part of our daily lives. Before April, most people would maybe only contemplate the cost of living when they looked at their energy bill or gave a meter reading. Even then, not many of us had to … read more

Smart meter users could be paid to reduce energy use

Reading Time: 2 mins It has been announced that homes in Great Britain with a smart energy meter could save up to £100 on their bills by reducing their usage. The National Grid has said people can save money and balance electricity supply in the UK by joining the new scheme.  The National Grid has said it is working … read more

Many Energy Support Scheme vouchers not being redeemed

Reading Time: 2 mins Have you redeemed your Energy Support Scheme vouchers? New reports state many customers on prepayment energy meters have not yet redeemed the £400 vouchers to help with their energy bills. From October 1st, the £400, given in instalments over 6 months, started to be given to people across the UK.  This is part of the … read more

Octopus Energy Retains Title as Overall Winner in Expert Reviews’ Energy Awards 2022

Reading Time: 4 mins – Utility Warehouse and Ovo both highly commended in three categories – Shell Energy has the lowest number of satisfied customers  – One in 13 people struggling to pay their energy bills   Expert Reviews has revealed the winners and losers in its annual Energy Awards, with Octopus Energy retaining its title as the overall … read more

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Can We Simply Not Pay Our Energy Bills?

Reading Time: 4 mins Jack Monroe in one corner, the Don’t Pay campaign in the other…  You may have heard various leftfield approaches to rising bills in the UK, from advisors on TV to radicals online advising you what to do (or not do) in the face of huge energy bills.  Can you simply refuse to pay? Or can … read more

Apply For £1500 Energy Support Fund Now

Reading Time: 2 mins The British Gas Energy Support Fund has this week re-opened applications for grants of up to £1,500 to help customers struggling with their energy bills. But funds are limited, and applications should be made as soon as possible.   British Gas’s charity, the British Gas Energy Trust, operates two similar schemes for those living in England, … read more

Are energy shares a good buy right now?

Reading Time: 5 mins Without massive Government intervention, millions of households will be forced to pay colossal sums in order to stay warm this winter. Last week, Ofgem announced its energy price cap would increase by 80% from October 1. The energy regulator’s decision means households with average energy usage are now facing typical bills of £3,549 per year. … read more

Kitchen Hacks on How to Energy Crisis Proof Your Kitchen

Reading Time: 7 mins Make your kitchen energy crisis proof. All we read and hear about in the news at the moment is how to spend less money at home, how to deal with rising bills, and how to try and cut those bills. It can be very depressing and daunting but hopefully this guide will actually help you to … read more

Cost of energy: How Much Does It REALLY Cost To Run Your Home?

Reading Time: 3 mins Cost of energy: With all this talk of energy bills rising, many are wondering if it’s at all possible to lower them. Sure, we all have to use what we need, and pay for it every month, but what about the hidden energy costs incurred without us even knowing about them?  Some of the following … read more

This hack could save you £300 a year on energy bills

Reading Time: < 1 min A TikTok influencer has given his followers a great hack which could save them almost £300 a year on their energy bills. It is simple too – by making just one change in your home, you could make some great savings – around £268 in savings, in fact. User @_mikeslife talks all about finance and … read more

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