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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

What to do if you can’t pay your bills

Reading Time: 5 mins What happens if you can’t pay your household bills? We recently posted an article about the Don’t Pay Campaign. Jasmine Birtles advised that customers should be wary of the consequences of not paying bills as it can seriously damage your credit rating. Companies can pass your debt onto debt collection agencies, which can be really … 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

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

Super Smart Energy Savers Campaign: Our top tips

Reading Time: 5 mins Here at MoneyMagpie.com, we have been working closely with Smart Energy GB to bring consumers the best energy saving ideas, helping you take control of your energy use and household budgets. This month saw the release of the Super Smart Energy Savers report, which highlighted the UK’s biggest worries, energy saving habits and behavioural changes … read more

When will you receive the £400 energy grant?

Reading Time: 2 mins When will the £400 energy grant be paid? In May, Chancellor Rishi Sunak announced a new range of support measures to help the country with the current cost of living crisis. It is no news to the UK that inflation is at a 40-year high, reaching a staggering 9.1%. On top of this, energy prices … read more

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