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Money Box: Money Box Live: Energy Prices

Money Box Live: Energy Prices

12/09/2018

BBC Radio 4 - Money Box, Money Box Live: Energy Prices

How will Ofgem's planned energy price cap affect your gas and electricity bills?

Paul Lewis and a panel of guests answer calls on personal finance.

If you haven't switched energy suppliers in recent years, what does the energy price cap mean for you? The regulator, Ofgem, has announced plans to prevent gas and electricity companies charging a typical household more than £1,136 a year, saving households £75 a year, on average. But will it mean companies stop offering some of their cheapest deals currently on the market? And will consumers be lulled into thinking they don't need to shop around and look for better deals? But how to switch and save? Its not always straightforward. Louise Cooper and guests take your energy questions.

Guests: 
Audrey Gallagher, Director of Policy, Energy UK
Gillian Cooper, Head of Retail Energy Markets, Citizens Advice
Joe Malinowski, founder, price comparison website theenergyshop.com

Presenter: Louise Cooper
Producer: Sally Abrahams.

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