Energy Bills are going up! | Do this before 1st April to save money!
Channel: Financial Madness
Date: 15/02/2021

Energy Prices are likely to be going on the increase following on from an announcement made by Ofgem to increase the "Energy Price Cap", which sets the limit on how much Energy Providers can charge customers per kWh for gas and electricity. I share how you can try and save money on your Energy Bills, before the price increase takes place!

Finance Guru, Martin Lewis from the MoneySavingExpert, has been urging households this month to compare their Gas and Electric energy prices immediately following on from Ofgem's announcement.  The average customer can see bills increasing between £100 - £200 this year. 

Chapter Information:
0:00 Introduction
0:17 Why are Energy Bills increasing?
1:59 What can you do?

▶Source Material:
Ofgem: https://www.ofgem.gov.uk/publications-and-updates/energy-price-cap-increase-april-consumers-should-switch-save-money

▶Energy Comparison Tools:
MoneySavingExpert: https://clubs.moneysavingexpert.com/cheapenergyclub
USwitch: https://www.uswitch.com/gas-electricity/
Confused.com: https://www.confused.com/gas-electricity


DISCLAIMER - Any advice or (statements perceived to be advice) given in this video and any other videos on my channel are for information purposes only, and does not act as financial advice.  Your  are fully responsible for your financial decisions. If you are in need of Financial Advice, please seek out a professional advisor. If your are unsure on how to do this, feel free to reach out to me and I am more than happy to guide you.

#PersonalFinance #EnergyBills #SaveOnBills