There can be no doubt that many households are already beginning to feel the extra financial squeeze brought about by rising energy bills and soaring inflation, with everyone slashing their monthly outgoing spending just to try and stay in the black. The latest predictions from Cornwall Insight is that the price cap will rise from its current £1,971 to an eye-watering £3,245 for those with typical average usage on a standard tariff.
Many people don’t realise that Ofgem’s energy price cap isn’t a maximum amount you will pay, it’s the maximum suppliers can legally apply to standard daily charges, which means the only way to save money is to make the right choices in our homes and according to the experts at GoCompare, many people are following the wrong advice.
GoCompare energy expert, Gareth Kloet, has debunked some of the most common energy myths - which could actually cost you money rather than helping you make a saving.
