price cap
The regulator is consulting on its proposals to recover debt-related costs that have resulted due to the coronavirus pandemic
The government claims the move will see around 11 million households across the UK make savings on their energy bills
New research from comparethemarket reveals domestic switching levels have fallen since the energy price cap was introduced in January 2019
The energy market regulator also lowered the level for prepayment meter customers from £1,164 to £1,070 per year
Household energy bills could soar by £50m as 90 fixed energy deals end in April, according to a new survey
The supplier will refund and compensate 3,430 Warm Home Discount customers for charging them above the default tariff cap level
Around a quarter of a million households on the standard variable tariff are expected to save around £80 on average a year
Around 47 deals are scheduled to run out at the end of January, which means many customers will be rolled on to default tariffs that are usually much higher
The regulator said the opening of the probe does not imply any findings have been made about non-compliance by the supplier
Around 11m households on default tariffs saved between £75 to £100 on their dual fuel bills
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