Four ways to keep your energy bills down
Summary
Energy prices in the UK are rising to their highest level in three years, with further increases expected in January. To help manage rising costs, consumers can consider fixed energy rates, pay by direct debit, check financial support options, and change their energy use habits.Key Facts
- Energy prices are rising and expected to increase again in January.
- Ofgem’s price cap applies to many people on variable or default tariffs but may not protect those using more energy.
- Fixed-rate deals keep the price per unit stable, but may include exit fees if you end the contract early.
- Paying for energy by direct debit is cheaper and helps avoid estimated bills.
- People on means-tested benefits get an automatic £150 discount on electricity bills in winter (Scotland requires contacting the supplier).
- Cold Weather Payments and Winter Fuel Payments help many pensioners and low-income households with energy costs.
- Energy suppliers offer hardship grants, and government schemes assist with repaying energy debt.
- Grants and local programs can help with home insulation and solar panel installation to reduce energy use.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.
