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[Selectra @SelectraUK]

📺 Paramount+ is launching in the UK on June 22 - https://t.co/Ne355mTPgV

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This has been down to a number of combined factors that have wreaked havoc on energy prices.

Read the full article: Ofgem Raises the Price Cap Again: How Can I Save?
▸ https://t.co/t54hUEjGOk

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap

[Selectra @SelectraUK]

Ofgem's new price cap comes into effect today. As customers on variable tariffs see a rise in their energy bills, we've put together a guide explaining how it will affect you and what help there is available 📈💡

#energypricecap #ofgem https://t.co/CwEkd3uXUn

[Selectra @SelectraUK]

Although it sounds all doom and gloom, there is a silver lining for energy customers when the price rises in April 2022.

Read the full article: Ofgem Raises the Price Cap Again: How Can I Save?
▸ https://t.co/kfQoGVuJDE

#EnergyCrisis #energybills #gas #electricity

[Selectra @SelectraUK]

📺 Netflix Hikes Its Subscription - https://t.co/2F5ZI5D0pV

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📺 Netflix Hikes Its Subscription - https://t.co/vlw807w5AN

[Selectra @SelectraUK]

The price cap sets a limit on how high a standard variable tariff can rise for customers that is quoted using an average yearly cost.

Read the full article: Ofgem Raises the Price Cap Again: How Can I Save?
▸ https://t.co/jtdgsEdohk

#EnergyCrisis #energybills #gas

[Selectra @SelectraUK]

💡 Ofgem’s Options for Price Cap Reform - https://t.co/jAGS6C0e7c

[Selectra @SelectraUK]

A default fixed tariff would mean that instead of a variable tariff that customers could leave without an exit fee, customers would be committed to a 6-12 tariff fixed to the price cap.

Read more 👉 https://t.co/wvunB22m2V

#EnergyCrisis #energybills #gas #electricity

[Selectra @SelectraUK]

💡 Ofgem’s Options for Price Cap Reform - https://t.co/bB1xVxJwDN

[Selectra @SelectraUK]

This can be beneficial for consumers as, like in 2020, those on variable rates enjoyed lower energy costs than those on fixed tariffs.

Read more 👉 https://t.co/yb2VBamoA9

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap

[Selectra @SelectraUK]

The spike in energy prices has caused the cost of energy to rise astronomically putting pressure on suppliers to manage costs.

Read the full article: Ofgem Raises the Price Cap Again: How Can I Save?
▸ https://t.co/Jd29kxLk4K

#EnergyCrisis #energybills #gas #electricity

[Selectra @SelectraUK]

The energy regulator Ofgem has announced a new revision to the price cap for the beginning of April 2022.

Read the full article: Ofgem Raises the Price Cap Again: How Can I Save?
▸ https://t.co/WK6gMRPmJG

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap

[Selectra @SelectraUK]

This was done in order to combat the catastrophic effects of the ongoing energy crisis and the rising gas prices.

Read more 👉 https://t.co/Fiiwq5Js4B

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap

[Selectra @SelectraUK]

💷 Why Are My Bills Going Up? Price Rises Explained - https://t.co/SgoxebUdrf

[Selectra @SelectraUK]

💷 Why Are My Bills Going Up? Price Rises Explained - https://t.co/FrPl0uebZO

[Selectra @SelectraUK]

Before 2019, energy suppliers had no upper limit on how high they could raise their variable rates, meaning that a customer who was quoted a low price one month, may be impacted by higher rates the following month.

Read more 👉 https://t.co/03wSx9Y8j8

#EnergyCrisis

[Selectra @SelectraUK]

The rise of wholesale gas prices in international markets has been the main driver for the energy crisis in the UK and Europe.

Read more 👉 https://t.co/PC1beNfaCI

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap

[Selectra @SelectraUK]

The price cap was a mechanism introduced in 2019 as a means of protecting customers from extreme price hikes by their energy provider.

Read more 👉 https://t.co/FFagTFayQZ

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap

[Selectra @SelectraUK]

The entire energy crisis has been due to gas prices rising to unprecedented levels.

Read more 👉 https://t.co/lfZDWjBb4r

#EnergyCrisis #energybills #gas #electricity #EnergyPriceCap