{"id":7644,"date":"2024-08-22T17:31:45","date_gmt":"2024-08-22T16:31:45","guid":{"rendered":"https:\/\/en.econostrum.info\/?p=7644"},"modified":"2024-08-22T17:31:45","modified_gmt":"2024-08-22T16:31:45","slug":"energy-customers-to-receive-572-payment","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/energy-customers-to-receive-572-payment\/","title":{"rendered":"Energy Customers of EDF, British Gas, Octopus, OVO, and EON to Receive \u00a3572 Payment"},"content":{"rendered":"

Energy customers of British Gas, OVO, EDF, EON Next and Octopus have been told they can avoid a \u00a3146 price hike from October. By contacting their energy provider and making necessary corrections, they can save up to \u00a3500 on their energy bills.<\/strong><\/p>\n

Top Energy Tariffs for 2024: Best Deals for Savings on Your Bill<\/h2>\n

The cheapest plan currently is Outfox The Market's Fix'd Dual Aug24 v3.0 tariff,<\/strong> which has an average yearly price of \u00a31,568, saving \u00a3146 off the cap, as reported by the Birmingham Live<\/a>.<\/p>\n

OVO Energy<\/strong> offers the One-Year Fixed 19 August 2024 tariff, saving \u00a387, whilst Octopus' Octopus 12M Fixed August 2024 v2 tariff offers \u00a386.<\/p>\n

Co-Op Energy<\/strong> provides the Co-Op 12M Fixed August 2024 v2 tariff, which has a bill of \u00a31,628, saving \u00a386 compared to the cap.<\/p>\n

EON's Next Fixed 12m v23<\/strong> \/ E.ON Next Gust 12m v8 tariff saves \u00a354, and British Gas' Fixed Tariff v9 saves \u00a354 as well. The Sainsbury's, Co-op, and OVO tariffs offer savings of \u00a324, \u00a321, and \u00a37, each.<\/p>\n

EDF<\/strong> also saves \u00a36, resulting in a total savings of \u00a3572. Richard Neudegg, Uswitch's director of regulation, stated: \u201cThe price cap is expected to rise again in January, but bill payers can take action now to lock in certainty on how much they pay.<\/p>\n

There are a number of 12-month fixed deals available at rates cheaper than today\u2019s firm prediction, so run a comparison to see what energy tariffs are available to you.\u201d<\/p>\n

Energy Prices Set to Rise in October: Cornwall Insight Warns of New Normal<\/h2>\n

Cornwall Insight<\/strong>, an energy<\/a> consultancy, forecasts that the typical household's annual energy price will rise to \u00a31,714 from \u00a31,568 from October 1. This is lower than its prior prognosis in June, which anticipated that the cap would climb by 9.9% to 1,723.<\/p>\n

Craig Lowrey, principal consultant at Cornwall Insight<\/strong>, stated: \u201cThis is not the news households want to hear when moving into the colder months. Following two consecutive falls in the cap, I\u2019m sure many hoped we were on a steady path back to pre-crisis prices.<\/p>\n

\u201cHowever, the lingering impact of the energy crisis has left us with a market that\u2019s still highly volatile and quick to react to any bad news on the supply front. Despite this, while we don\u2019t expect a return to the extreme prices of recent years, it\u2019s unlikely that bills will return to what was once considered normal.<\/p>\n

\u201cWithout significant intervention, this may well be the new normal.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Energy customers of British Gas, OVO, EDF, EON Next and Octopus have been told they can avoid a \u00a3146 price hike from October. By contacting their energy provider and making…<\/p>\n","protected":false},"author":4,"featured_media":4356,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[39,44],"tags":[],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/posts\/7644"}],"collection":[{"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/comments?post=7644"}],"version-history":[{"count":3,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/posts\/7644\/revisions"}],"predecessor-version":[{"id":7647,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/posts\/7644\/revisions\/7647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/media\/4356"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/media?parent=7644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/categories?post=7644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/wp-json\/wp\/v2\/tags?post=7644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}