From whether you should switch suppliers to how it could lead to job cuts Bills to be cut by around £75 for more than 11m householdsMore than half of households are on a default tariff, known as standard variable tariffs (SVT). If you are on one – and you probably are, if you haven’t switched in recent years – you will save money when the cap starts in late December. The exact amount depends on the supplier, region and energy usage. For example, those on Scottish Power’s SVT will save £121, while those on Ovo’s SVT will save only £14. Continue reading…
Via: What does energy price cap mean for households and firms?
Categories: English News