Business Renewals

Residential Price Cap Increases

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OFGEM have announced plans to increase Prepayment gas and electricity price caps by around £106 from the April 2019 and those who are on a credit meter by £117.

Citing increases in the wholesale prices these rises are set to affect around half of UK households.

One of the main issues with those on prepayment meters is that energy suppliers can be very reluctant to provide a fix price tariff whereas those on a credit meter can choose to fix in early to avoid the planned cap increase.

Business Renewals would be happy to assist anybody who feels they are struggling with their energy costs with a free and impartial discussion.

To see all the suppliers and compare all pricing plans please get your home energy quote here

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