October 2021 Price Change
Over the last 6 months the prices energy suppliers pay for gas and electricity has increased by over 50% according to Ofgem (the government regulator for gas and electricity).
As a result, Ofgem have announced they are increasing their price cap. The price cap is there to protect customers and it moves up or down twice a year to ensure energy is sold at a fair price.
If your tariff prices are changing we will contact you well in advance to confirm your new rates. Our prices will continue to be below the Ofgem price cap, and so are still good value.
Plus all our electricity tariffs include 100% renewable electricity as standard.
Here's what Jonathan Brearley, Ofgem’s Chief Executive said in his recent blog:
“...when legitimate costs of supplying energy increase, this also needs to be reflected in the price cap. Without this, companies would be unable to continue to supply energy to their customers and fulfil their wider obligations. Since we last updated the level of the cap in February, the wholesale electricity and gas prices it tracks have increased by over 50%.”