Will energy prices rise or fall? 1p challenge and cash ISAs
The Martin Lewis Podcast
Is Your Direct Debit Right?
Energy prices used to be based upon the energy price cap. That is dictated by off-term based on wholesale prices that energy firms have to pay and a few other things like energy network costs or cost of firms that have gone bust. From April, the latest price cap rate was increased by 20.5%. Now, in the mainstream, that doesn't affect what we pay. All it affects is how much the state is subsidizing energy firms. And once they decide what they're going to subsidize on direct debit, that same subsidy is then applied regionally for different payment methods. If you're on direct debit,. on average on the 1st of January, you won't have seen
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