DealSeeker

11/17/2023

Industry regulator Ofgem is expected to announce next Thursday that the energy price cap will be increased to 28.94p per unit of electricity and 7.42p per unit of gas from the start of next year.
The ‘big 6’ built their industry dominance on fossil fuels (coal, oil, and gas), but now, thankfully, there’s an alternative – renewable energy!

Octopus Energy is on a mission – taking on the big 6 energy suppliers, the big, the bad, and the greedy. That’s British Gas, E.ON, Scottish and Southern Energy (SSE), Npower, EDF Energy and ScottishPower.

In fact, they’ve achieved their goal already – they’re set to be the second biggest energy supplier in the UK, with over 5 million customers, and rapidly growing!

Here are the reasons why Octopus is the fastest-growing energy company.

100% renewable energy
Amazing customer service
Great value
Great phone app and website to manage your energy
Great rewards scheme to save money
Trusted and ethical company
They’ll handle switching your energy
Get £50 for free too

Enter your postcode and get your quick, cheapest quote ever, and grab £50 credit on your first bill.

11/15/2023

Why are energy bills so high?
There are a few reasons for high energy bills but it has mainly been driven by Russia’s squeeze on gas supplies to Europe.

Russia’s invasion of Ukraine in February 2022 led to cuts in gas supplies to Europe. This resulted in European natural gas prices soaring as the region scrambled to find alternative sources for their gas needs.

Britain actually only ever depended on Russia for a small percentage of its gas. But it’s still connected by pipeline to the wider European market and Europe depends on Russia for around 40% of its gas supplies. It means that British energy suppliers pay a similar price to energy suppliers in Europe.

Price rises have been astronomical. For example, at the start of 2021, UK gas was at 38p per therm. In August 2022 it went up to 537p per therm.

As a result, dozens of UK energy suppliers went bust in 2021.

UK households have the added disadvantage of mostly having homes heated by gas boilers (85% of homes compared to fewer than 50% in France and Germany) and around 40% of our electricity is generated by gas-fired power plants.

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Octopus offers competitive rates and also pays £50 credit on your first bill. Worth to get a quick quotation.



Link Taxis

https://share.octopus.energy/denim-rhino-227

11/15/2023

Energy costs are still very high. As a result, many households will find it difficult to make their payments.
The good news is that assistance is accessible. Octopus offers low rates that might give you a little breathing room. If you're having trouble paying your energy bill, our help with energy costs article has compiled all the resources you can use as well as what you need to do.
In the end, your personal energy consumption will have the largest impact on the amount of your bills, so it makes sense to look for methods to cut back on it. Octopus provides incredibly affordable prices along with a £50 credit on your initial bill.
In two minutes, get your instant quote.

Which? recommended for 6 years running and the UK's most awarded supplier. One of Europe's largest investors in renewable energy. Switch today!

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