Are your energy bills about to soar? Latest on the Ofgem price cap and how to beat imminent rises episode artwork

EPISODE · Aug 6, 2021 · 51 MIN

Are your energy bills about to soar? Latest on the Ofgem price cap and how to beat imminent rises

from This is Money Podcast

From October, millions of households can expect to pay even more on their energy bills. Ofgem is raising the energy price cap for the second time in a year, due to rising wholesale costs.The cap is now at a record high and it means those who are on a standard variable tariff, or a prepayment meter, could be facing hundreds of pounds added to their annual bills.Lee Boyce, Grace Gausden and Georgie Frost take a look at the price cap, what it means and how to potentially beat it.When it comes to future technology, will we soon see the death of the landline to be replaced by phone calls over wi-fi?Additionally, with growing numbers of households – especially rural ones – turning to satellite broadband, we explain how it works and the potential costs.When it comes to current accounts, we tend to stay loyal. But those who have switched, Starling Bank and Virgin Money have been the most popular destinations.It's a tale of two different switching mentalities – those who want branches and bribes, and those who simply want a sleek app and good customer service.Lastly, Grace on the Case launched 10 months ago. In that time, our senior reporter Grace Gausden has managed to claw back a total of nearly £206,000 for readers.She takes a look back at some of her most satisfying wins and her passion for helping This is Money readers achieve a fair result from a variety of different firms.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.

From October, millions of households can expect to pay even more on their energy bills. Ofgem is raising the energy price cap for the second time in a year, due to rising wholesale costs.The cap is now at a record high and it means those who are on a standard variable tariff, or a prepayment meter, could be facing hundreds of pounds added to their annual bills.Lee Boyce, Grace Gausden and Georgie Frost take a look at the price cap, what it means and how to potentially beat it.When it comes to future technology, will we soon see the death of the landline to be replaced by phone calls over wi-fi?Additionally, with growing numbers of households – especially rural ones – turning to satellite broadband, we explain how it works and the potential costs.When it comes to current accounts, we tend to stay loyal. But those who have switched, Starling Bank and Virgin Money have been the most popular destinations.It's a tale of two different switching mentalities – those who want branches and bribes, and those who simply want a sleek app and good customer service.Lastly, Grace on the Case launched 10 months ago. In that time, our senior reporter Grace Gausden has managed to claw back a total of nearly £206,000 for readers.She takes a look back at some of her most satisfying wins and her passion for helping This is Money readers achieve a fair result from a variety of different firms.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.

NOW PLAYING

Are your energy bills about to soar? Latest on the Ofgem price cap and how to beat imminent rises

0:00 51:19

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. Breaking News Show | eTurboNews Juergen Thomas Steinmetz News is relevant to the global travel and tourism industry, human rights and global issues.Breaking news when it happens and only from the source. いろはにマネーの「ながら学習」 IrohaniMoney この番組では、インターン生2人が、金融、経済、投資関連の気になる情報を分かりやすくお伝えしていきます。インターン生の会話を「ながら聴き」する感覚で一緒に勉強していきましょう!ご意見箱フォーム:https://forms.gle/TTGaVP2TJksNMKJo7ぜひお便りや感想をお待ちしています!公式X:https://x.com/irohanimoney番組のハッシュタグは「#いろはにながら」です。番組への感想をお待ちしています!いろはにマネー:https://www.bridge-salon.jp/money/姉妹サイト:https://kabu.bridge-salon.jp/姉妹サイト:https://bridge-salon.jp/(株)インベストメントブリッジ運営 Eat to Live Jenna Fuhrman, Dr. Fuhrman Our health is our most precious gift and smart nutrition can change your life. Each month, join Dr. Fuhrman and his daughter, Jenna Fuhrman as they discuss important topics in the world of nutrition. Eat to Live will change the way you eat and think about food.

Frequently Asked Questions

How long is this episode of This is Money Podcast?

This episode is 51 minutes long.

When was this This is Money Podcast episode published?

This episode was published on August 6, 2021.

What is this episode about?

From October, millions of households can expect to pay even more on their energy bills. Ofgem is raising the energy price cap for the second time in a year, due to rising wholesale costs.The cap is now at a record high and it means those who are on...

Can I download this This is Money Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!