Which? How to beat yet another energy price cap rise
Apr 10, 2025
Adam French, Managing Editor at NerdWallet UK, joins James Aitchison, an energy expert at Which?, to tackle the rising energy price cap. They break down what this means for your monthly bills and provide tips on how to lower them. The duo discusses the shift towards fixed energy tariffs and highlights top energy suppliers based on consumer satisfaction. They also share practical saving strategies for homes, such as smart appliances and smart energy management, empowering listeners to make informed choices in these challenging times.
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Price Cap Misconception
- The energy price cap limits charges per unit, not total bill costs.
- Actual costs depend on usage, so advertised averages might not reflect individual bills.
Variable Tariffs Prevail
- Most people are on variable energy tariffs, not fixed ones.
- This is a shift from the past, where fixing energy prices was the norm.
Energy Crisis Impact
- Adam French notes the confusion around the price cap, which doesn't guarantee a bill limit.
- He discusses how the energy crisis drastically changed the energy market, impacting supplier numbers and calculations.