Changes in Energy Costs and Implications for Households

Money Box Live is looking at how to prepare for the cold nights ahead this winter following a year of high energy costs.

The Ofgem energy price cap has fallen by 7% to just over £1900. The price cap is the maximum amount your provider can charge per unit of gas and electricity. It is the amount a typical home in England, Scotland and Wales will pay a year, but if you use more, you will pay more.

Last year, there was government support to the tune of £400 to help households with rising costs. That isn't coming this year, and standing charges have gone up. It means people may end up paying more this Winter.

So, this week on Money Box Live, we're looking at how what you're doing to keep costs down as well as tips from our experts ranging from how thick your insulation should be to exactly how much it costs to put the oven on.

Matthew Cole, head of the Fuel Bank Foundation, and Madeleine Gabriel, Director of Sustainability at charity Nesta, join Felicity Hannah for this week's programme.

Presenter: Felicity Hannah Producer: Sarah Rogers Researcher: Eimear Devlin Editor: Jess Quayle