Energy prices fall as new price cap level kicks in, but most will still massively overpay - MSE News

Former_MSE_Stephen_B

Millions of customers stuck on expensive standard tariffs should start to see lower energy bills this week as Ofgem's new price cap level kicks in, though most will still be massively overpaying – you could save £300+/year by switching supplier...

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'Energy prices fall as new price cap level kicks in – but most will still massively overpay'

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I_luv_cats

I had a letter from SSE that my pre-payment is GOING UP from 1/10/19 so confused. (up by 17.84 a year)


Goes against the connected article and previous about lower cap :eek:

Former_MSE_Stephen_B

I've just sent you a PM I luv cats

twhitehousescat

email from bulb , prepayment meter


Good news, we’re lowering the daily standing charge for your electricity by 3.858p per day. That’s £14.09 a year for each of your electricity meters.

This new price will come into effect the first time you top up after 1 October.


We’ll be £172 cheaper than the new price cap
We’ll still be much cheaper than the price cap, even after Ofgem lowers it in October. An average home in your region will pay £1,044 a year with Bulb, £172 less than the £1217 price cap.