Domestic energy bills fall but may not be very low

Energy prices for 21 million houses in England, Scotland and Wales will fall from Tuesday, but uncertainty remains on whether the cost will be low for winter.

The bill for a house using a specific amount of gas and electricity is falling to £ 11 per month, under the latest price cap of the regulator.

While Bilpers have welcomed the reduction of 7%, there is a concern that the bill will still work hard in the year when it is cold and deep.

People are being encouraged to see shopping to see whether a certain deal, which can provide more certainty on payment, would be more suitable.

It is difficult to predict the future direction of prices, and recent uncertainty in the Middle East gave rise to concerns that the cost of energy could increase.

However, analysts of Energy Consultancy Cornwal Insight have estimated a fall of 1% in October.

This would use an annual bill for a home using a specific amount of gas and electricity £ 1,697 per year – although the Cornwal Insight stated that there was “significant uncertainty” on the forecast.

It also stated that the cap “has hundreds of pounds above the pre-panduk prices” and some signs are that prices fall over the next few years.

Ofgem is urging people to consider fixed-value deals. However, a fixed deal determines only the unit rate. The actual domestic bills depend on how much energy is used.

OFGEM Chief Executive Officer Jonathan Baryli told the BBC’s Today program that the UK needs to “get away from this rollercaster of international gas prices”.

On Tuesday, the regulator stated that it had given provisional approval to the £ 24BN investment to upgrade the UK Energy Infrastructure, which Mr. Breerley said that “would build a separate energy system that is much more stable”.

However, the regulator said that by 2031 the bills would increase by £ 104 to cover the cost of this investment.

Heating usually closes at this time of the year, so families usually focus on the cost of cooking, especially as Food prices are rising Fast.

Nadina Hill, a mother-two, who works part-time in an emergency service control room, is trying to stay on top of its cooking and energy costs.

“This is a struggle, because the price of everything always increases,” said 45 -year -old.

She participated in an eight -week course with her 14 -year -old daughter Gracie, who taught her about cooking more cheaply about cooking healthy food.

The community kitchen run by the Stevenaz Football Club Foundation has helped hundreds of families, and focused on the menu with parts costing £ 1 or less.

Hanna Marsh, head of health and goodness in the Foundation, said that the major tips are:

• Using dishes like pizza in a pan to avoid using ovens
• Wholesale cooking food, some of which may be frozen for later
• Plan and budget for what you cook throughout the week
• Tinned or considering using frozen vegetables

Gracie said that his pet rabbits benefited from the grass, and guinea pigs, miles and patch, courses.

“Instead of ruining all the peeling and putting them in bin, we will give them as a cure,” he said.

every three months, Regulatory price cap A maximum set that suppliers can charge for each unit of energy, which applies to anyone on a variable tariff in England, Scotland and Wales. The price cap does not apply in northern Ireland, which has its own energy market.

The OFGEM shows a change in prices by using a specific amount of energy and showing an impact on the annual bill for a house to pay by direct debit. It has fallen from £ 129 to £ 1,720.

On the pre-paying meter they pay slightly less, with a specific annual bill of £ 1,672, while people pay the bill by cash or check, pay more with a specific bill of £ 1,855.

Prices are still quite high before the Kovid epidemic. This means that people have to adapt their lifestyle and finance.

Jenny David, who lives in Bridarend with her husband, Mark and two children, Enven and Highwell, said that the family has worked in a new way to save.

“it has become [our] New ideal, “he said” you don’t even notice that you are doing things. ,

She is a nurse and her husband works in her family’s kitchen and bathroom fitting business.

He invested in an air fryer and carefully planned his shops. Jenny said she was used to be active, but she now joined a free weekly outdoor fitness class to save money at gym membership and classes.

Another strategy for managing energy expenditure is to provide regular meter readings to suppliers for homes, so that companies can be charged for energy use at the right rate.

Latest changes means that variable tariffs for a customer who pay by direct debit are as follows:

• Gas prices are on an average of 6.33p per kWh (KWH) below 6.99p.
• Electricity is overshadowed below 27.03p at 25.73p per kwh
• Permanent fees vary by the sector, but on average 51.37PAs have fallen from 53.8p to electricity.
• Permanent fee for gas for gas has fallen to 29.82PA day, from 32.67p, 32.67p

The regulator is considering a change in the system of standing allegations, although it has been brought Renewed debate on how they work,

The government’s decision was opposed last year to limit the eligibility for winter fuel payment A U-turn from Prime Minister and Chancellor,

Ulthafer means that 75% of pensioners in England and Wales will receive payment in 2025 in winter, and Scotland will have the same rules.

From this winter, paying £ 200 or £ 300 per pensioner per pensioner will go to people with annual income of £ 35,000 or less.

Hot home discount, which is priced at £ 150, will also be extended in this winter.

Anyone will automatically look at the benefits of means to knock their bills, whether they live in any property.

Additional Reporting by Abi Sminton