Standard variable tariff

Suppliers allegedly refused to take on new customers in light of the crisis in the energy retail market

Energy bills for customers on default tariffs are set to increase by around £139 a year

The price rise will affect customers on standard variable tariffs

Some customers could even see their energy bills jump by £371, a new report suggests

Ofgem announced a new price cap today – but what does the energy industry think?

Almost 1.5 million homes will be hit by price hikes unless they change to a new fixed tariff, according to a new report

The 3.8% increase will come into effect on 1st October 2018

This could happen as they are automatically switched onto more expensive ‘default’ tariffs

New legislation to cap energy prices and help consumers save money is being introduced to Parliament today. The Domestic Gas and Electricity (Tariff Cap) will allow Ofgem to cap energy tariffs until 2020, protecting 11 million households across the UK, who are currently on a standard variable or other default tariffs. The cap, which could […]

  As many as 13 million households are unaware they could be on the UK’s worst value energy deals. That’s the verdict from customer communication specialist Wiraya, which has claimed of the 66% of UK households estimated to be on the worst value tariffs by Ofgem, just 17% are actually aware of it. In a […]