save on energy bills

Are you aware that your home energy bills can reach another high due to the very many energy sapping home appliances used regularly in your home? In fact, such appliances results in wastage of energy and keep adding to the energy bills. With such appliances in the home and kitchen, you cannot even dream of getting the lowest and cheapest energy bills. Let us explain some of the ways to save on energy bills by using the most energy efficient home appliances. How home appliances can cut down energy bills? Well, the new age home appliances are made to be energy efficient and can actually reduce energy bills by a considerable margin. Everyone should buy such appliances to get cheaper energy bills. The foremost rule is to check the energy ratings label on the appliance. This should be checked in accordance with the size of the home appliance. Next, thing […]

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Winter months can actually leave a big hole in your pocket because of the ever increasing energy bills. One way to save on winter bills is to get the Winter Fuel Payment, which is an allowance given to people who cannot manage to pay utility bills especially senior citizens, job seekers, disabled people, widows etc. You need to match the eligibility criteria for the Winter Fuel Payment in order to get the cheapest energy bill during the winter season. Talking precisely, the Winter Fuel Payment scheme offers a tax free payment of between £100 to £300 to UK citizens born on or before 5 August 1953. The idea is to offer them a heating allowance to keep their homes warm and heated during the cold season. They are paid between £100 and £300 depending on their age and other qualifying factors. This is a huge benefit and helps make huge savings on […]

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Energy bills are the biggest challenge during winter season especially when you are earning a low income. You get bogged down by the idea of living in a cold home but still can’t afford to pay huge energy bills. However, you can still find some relief through government’s grants and schemes that help people keep warm homes even in a limited salary. Today, let us check out details of some of the government plans and supplier support schemes that help you get the cheapest energy bills. Normally, referred to as the social tariffs, some of the schemes include Warm Home Discount, Winter Fuel Payment and Cold Weather Payment. They help senior citizens and low income earners cover their energy costs and stay warm during the cold season. Government schemes that offer cheaper winter bills are as follows: Winter Fuel Payment: This plan is for the elderly that is those above […]

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Energy UK, the trade association of UK gas and electricity suppliers, aimed at suggesting reforms in the energy industry, declares switching principles for customers on smart prepayment meters. The whole idea is to facilitate the customers with a smooth energy swap before, during and after the switch to gas and electricity supplier. As Energy UK has 100 suppliers, those who agree on the principles can help streamline the switch made by customers on smart meters. As per the declaration, gas and electricity suppliers that agree and sign these principles will enforce them while rolling out the smart prepayment meters. This would be done instantly by some UK energy suppliers or within the immediate one and half year by others. This is done with an aim to support customers on smart prepayment meters to make a smooth switch to energy suppliers offering cheaper energy deals. Some of the gas and electricity […]

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The Big Six energy supplier British Gas lived up to its words and has kicked out Standard Variable Tariffs for its nwww ew customers. According to energy experts, the announcement that will come into effect from April 2018 is a result of the government’s constant pressure to apply energy price cap on SVTs. The Big Six gas and electricity providers were already under scrutiny for earning huge profits from customers on Standard Variable Tariffs and a cap on it was the most obvious solution to combat energy price rises and to dismantle the monopoly of the Big Six suppliers on the energy market. Although, the energy price cap is expected to come in effect from winter 2018 the announcement has shook the energy market especially the Big Six energy suppliers. There was a strong opposition for the energy price cap from the Big Six suppliers but the government seemed unperturbed. […]

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Political interference in the energy sector and the government’s threat of energy price cap is taking a toll on the Big Six energy suppliers. So much so that two of the biggest of the Big Six gas and electricity suppliers, SSE and Npower considered quitting the energy market. If reports are to be believed then UK’s energy giant SSE is discussing a spinoff with Npower to create a new giant energy company that can sustain the seismic changes in the energy sector. This is the result of the recalling of the announcement of energy price cap made by the Prime Minister Theresa May. Supported by ministers and Ofgem, the energy price cap is a remedy to free the 12 million energy customers on Standard Variable Tariff. During energy price rises, these customers suffer the most and thus, need to be protected. Energy price cap is one such measure that will […]

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German Energy group Innogy, the owner of Npower, hints at selling the business to combat the losses and years of cost cutting. At the least, it would form partnership with another giant rival company like SSE to make sure that its British retail energy business is up and running. As the Big Six energy suppliers are not willing to offer cheaper energy deals, they are in line to face the energy price cap in the near future. This may incur them huge losses and so, giants like Npower hint at quitting the UK energy market. A source from the company said that “Management is no longer willing to accept the losses. A partnership is the only thing that makes sense.” However, Innogy chose to remain silent on the matter. The Big Six energy provider has 4.76 million customers in the UK and incurs a business of 8.1 billion Euros. This […]

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