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The Latest Breaking News from Ofgem

Renters saved almost £400 on energy bill after switching off silent 'guzzler' machine

"We moved into our first house but in early summer last year our bill went up from £125 per month to £240, even though we knew a rise in price was coming given the price cap at the time, this was a lot more than expected"

Nottingham Post

Woman saves hundreds on her EDF bill by turning off 'guzzler' she never knew was there

Which? experts say the immersion heater is uneconomical and can rack up a hefty electricity bill

Wales Online

Tesla stock has only plunged to a less ludicrous level as competitors catch up

Elon Musk’s misadventure with Twitter is not the main factor in the dramatic decline in value

The Guardian - UK

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DWP benefits, minimum wage and energy prices: All the big money changes to look out for in 2023

All the important dates for increases to wages, benefits, pensions, cost of living payments and more

Wales Online

Why UK bills are unlikely to drop for ‘years’ despite huge wholesale price fall

The gas market can be complicated so we’ve broken down some of the key details explaining why your bills are unlikely to fall even though the price of gas has dropped to levels not seen since before Russia's invasion of Ukraine

Daily Mirror

Wholesale UK gas prices now lower than at start of Ukraine war

Natural gas futures have fallen below 170p over the past few days, whereas it cost over 500p following Putin's invasion of Ukraine, and over 650p in August

Wales Online

All the big money changes to look out for in 2023 month by month - including DWP benefits, minimum wage and energy prices

From energy costs to benefits changes, January 1 marks the start of a raft of moves that will affect your budget this year

Chronicle Live

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How your heating bill will change with energy price cap rises from January 1

Hike will make little difference to most households, but the changes depend on how you pay your bill and the tariff you are on

Chronicle Live

Scammers ‘exploiting cost of living crisis to steal money and information’

Texts and emails claim to offer government schemes for discounted energy bills and tax refunds

The Independent UK

Will energy bills change with Ofgem price cap set to rise on January 1

The Energy Price Guarantee - covering the amount you pay per kilowatt - is still in place, but what does this actually mean for your bills?

Daily Record

Energy bill confusion after households warned of changes coming into force in January

Ofgem has confirmed that the price cap will increase by around 20% as of January 1 - but UK households are covered by the Energy Price Guarantee

Chronicle Live

Will my energy bill rise in January? Households confused after being emailed about change

The regulator Ofgem has confirmed its price cap will increase by around 20% from January 1 - but households are still covered by the Energy Price Guarantee, so what does this mean for your bills?

Daily Mirror

Fears January 1 energy bill confusion could be caused by changes

Power companies are set to contact customers to tell them about changes - but people are being told not to worry

Nottingham Post

Household bills have surged in a year, comparison website says

Comparethemarket compared prices for energy and insurance in November 2022 with those a year earlier, in November 2021.

The Independent UK

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Daily Record

Energy giants accused of hoarding £2bn of customer cash through direct debit overpayments

EDF, Centrica and Shell among dozens of firms accused of raising direct debits of customers who are thousands of pounds in credit.

The Independent UK

Martin Lewis warns households of ‘surprise’ energy bills hike

TV money-saving expert calls on business secretary to intervene: ‘It does not seem fair’

The Independent UK

Martin Lewis warns households of ‘surprise’ energy bills hike

TV money-saving expert calls on business secretary to intervene: ‘It does not seem fair’

Daily Mirror

Savings expert reveals five ways to shave £500 a year off energy bills

A savings expert appeared on Lorraine today to talk about five tips that could save you £500 yearly on a typical energy bill amid a cost of living crisis

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Edinburgh Live

Martin Lewis issues 'surprise' energy price hike warning in place from next month

Money Saving Expert (MSE) founder Martin Lewis has said that millions of households across the UK could face an unexpected hike following a price cap update next month.

Daily Record

Martin Lewis issues 11-day energy bill warning as prices set to rise in new year

The finance guru explained that customers could see a small change to their energy bills in January.

Daily Mirror

Martin Lewis warns of energy bill rise in 12 days will surprise many households

The Martin Lewis Money Show star highlighted that the energy price cap will change from next month, meaning some households could be hit with an unwelcome hike in bills

Chronicle Live

Martin Lewis gives 11-day warning to all households over 'surprise' hike in energy bills

For most people the change in bills will be 'trivial' but some will see more substantial increases, the financial expert has warned

Nottingham Post

Martin Lewis's 12-day warning as another energy bill hike on the cards - for January

The 'bump' up is due from January 1, 2023

Manchester Evening News

Martin Lewis issues 11-day warning to any UK household with an energy bill

The Money Saving Expert said the change is 'disappointing'

Wales Online

Martin Lewis warns energy price rise in 12 days time 'will surprise many'

Ofgem's price cap will be updated from January 1, impacting the discount on bills

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