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December 23, 2021
MORWELL Rotarians and guests recently attended the Club’s annual Pride of Workmanship Awards night at the Morwell RSL. Chairman, vocational […]
October 5, 2021
A man who has seen the booms and busts of the Australian property cycle has emerged in the Pandora Papers.
June 4, 2021
Households with smart meters could save money by moving to tariffs that are not compatible with the devices, new research has revealed.
May 26, 2021
Comparethemarket said that households with smart meters only had access to one in six of the deals on the market
May 26, 2021
We all know that solar panels can reduce your energy bill, but just how much could you save? Recent research by comparison site comparethemarket.com reveals which cities could get the most out of solar panels – does your city make the top spot? MyWalletHero is here to help you learn about taking control of your money, whether that’s paying off debt, working towards a short-term money goal, or investing for your future. This tool can help you understand the next steps on your journey – si...
May 20, 2021
More than 218,000 households could see energy bills rise by as much as £331 with 157 fixed deals coming to an end this month, new research has revealed. With a number of plans expiring in the next two weeks, customers are reminded to switch their tariff before they are put onto a pricey default deal. Rolling off fixed term deals onto default tariffs could collectively cost UK households an extra £61million a year, compared to their current energy costs, an average of £280 per home, the data ...
May 11, 2021
218,000 households to see energy bills rise by £280 this month 157 fixed tariffs are coming to an end in May 218,000 households to see energy bills rise by £280 this month GET THE BIGGEST STORIES FROM ACROSS SOMERSET STRAIGHT TO YOUR INBOXInvalid EmailSomething went wrong, please try again later. SIGN UP When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe h...
March 17, 2021
However, many customers who pay by fixed direct debit are overpaying resulting in surplus credit balances. Ofgems research found that as much as £1.4billion was held in surplus credit balances in October 2018. It is concerned that some suppliers may use customers surplus credit balances to fund otherwise unsustainable business practices. The auto-refund policy would require suppliers to refund any credit balances, for domestic credit customers paying by fixed direct debit, above £0 each year ...
March 17, 2021
Energy customers to get automatic credit refunds in regulator plans The proposals follow concerns from Ofgem firms were using customer money to fund otherwise unsustainable business practices 17 March 2021 • 6:00am Households would be automatically refunded any overpayments on energy bills in plans tabled by the regulator to end companies using customers’ money incorrectly. Under the current system, those who pay their bill by direct debit pay a fixed amount each month, typically overpayi...
March 17, 2021
Ofgem plans to make suppliers pay back unused credit balances Energy suppliers could be holding up to £1.4bn in excess customer direct debit payments. (Getty Images) Ofgem is mulling proposals that would limit the amount of consumer credit energy suppliers can hold, which could see £1.4bn in excess payments returned to customers. Households that pay for their energy by direct debit typically pay a set amount to suppliers every month based on their average consumption. As ener...