Energy Price Cap to rise 6.4% on 1 April. What it really means & what you should do. My instant reaction briefing… youtu.be/MZ5RjRxPwjM - ThreadSky

martinlewis.moneysavingexpert.com • 12 days ago

Energy Price Cap to rise 6.4% on 1 April. What it really means & what you should do. My instant reaction briefing…

https://youtu.be/MZ5RjRxPwjM

Comments

lehla.bsky.social•12 days ago

We're electric only, off gas. Buy green energy but still pay for fossil fuel price hikes. We have no choice and have to buy alternative heating fuels (wood, biomass, oil etc.) in bulk. Help!

cdtplug.bsky.social•12 days ago

Why does ofgem listen to the energy companies, rather than what's best for the bill payer? The energy companies should absorb any increases, they are not posting losses.

puddle575.bsky.social•12 days ago

Shameful. More rip-off Britain news.

paul0970.bsky.social•12 days ago

The April fools will be us.

keithmcd2024.bsky.social•12 days ago

What's the justification for allowing this huge rate rise? What? I don't trust Ofgem.

ggpotterer.bsky.social•12 days ago

I did 3 saving hours offered by Octopus.....the grand total of 11p saved. Not worth sitting in the dark for.

yamrock71.bsky.social•12 days ago

"The essential job of government is not to persecute but to keep the structure of society intact—so that the rich stay rich and the poor stay poor."
(Paraphrased from 1984 and Orwell’s essays)

stargirl1620.bsky.social•12 days ago

📌

chesterkop.bsky.social•12 days ago

Volatile gas markets yet they still announce multi billions in profits. Ofgem is a scam. Stealing from the poor and giving to the rich. Energy firms are siphoning taxpayers money in benefits, because Keir Dahmer says so 🤬🤬🤬

joobileejoolz.bsky.social•12 days ago

Whose fault was it for the previous decade?

chesterkop.bsky.social•12 days ago

The Tories last time i looked.

charliesouthwood.bsky.social•12 days ago

Refuse to pay, is what everyone should do. Same goes for Thames Water

ad90blue.bsky.social•12 days ago

Agreed, especially for Thames Water!
At least for energy there is some semblance of choice and competition albeit regulated by an utterly toothless regulator beholden to the energy companies.

merrers.bsky.social•12 days ago

Another lying government, shock horror.

prodigaldoggo.bsky.social•12 days ago

I fixed last year. (Electricity only - octopus) Does the standing charge still come down or is that fixed too? I’m in the South West and the standing charge is HIGH.

ad90blue.bsky.social•12 days ago

Since you are on a fixed price tariff, your standing charge will remain unchanged.
You will remain on those fixed rates either until the tariff expires or until you take steps to come off it and on to another fixed price tariff or the variable price cap tariff.

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