Summary
Millions of households are facing a £700 a year rise in fuel costs from now with the increase in the energy price cap. This comes on top of other hikes in the cost of living like council tax and more expensive food bills. How are people coping now the cap has been lifted? An expert panel gives advice.
Expert panel
Dhara Vyas - Policy, Advocacy & Campaigns Energy UK
Abby Jitendra - Principal Policy Manager on Energy, Citizens Advice
Transcript
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| 0:00.0 | You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one. |
| 0:06.5 | I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds. |
| 0:11.2 | I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects, |
| 0:16.0 | relationships, identity, comedy, even one that mixes poetry, music and inner city life. |
| 0:22.4 | So one day I'll be helping host develop their ideas, the next fact-checking, a feature, |
| 0:28.3 | and the next looking at how a podcast connects with its audience, and maybe that's you. |
| 0:33.6 | So if you like this podcast, check out some others on BBC Sounds. |
| 0:39.5 | BBC Sounds, music, radio, podcasts. |
| 0:43.5 | Hello and welcome to Moneybox Live, the podcast about your money. |
| 0:47.4 | This week, fuel bills for millions of people rocketed after the energy cap increased by 54%. |
| 0:53.5 | Customers on default tariffs who pay by direct debit will see a rise of £693 a year on an average bill. |
| 1:00.8 | For those on prepayment metres, it's even more at £708. |
| 1:05.5 | We'll be hearing about how some of you are coping with the rising cost of fuel bills |
| 1:09.4 | and what you might be able to do |
| 1:11.3 | to make those expensive payments slightly less expensive. We can hear from Kimberly now. Hello. |
| 1:17.5 | Hello. Hi. What's happening with your energy bills? |
| 1:22.2 | The skyrocketed quite recently. And how do you pay for them? Um it's a meter. Right and how much a month |
| 1:32.3 | are you paying? Oh um well I've recently changed it was monthly and I was paying about |
| 1:40.8 | 46 for one 36 for the other and but recently changed to the prepayment |
| 1:47.0 | metres and now it's just rocketed. |
| 1:50.5 | I can put anything on from £45 and it doesn't last at all. |
| 1:58.0 | Your energy bill is just one part of your rising costs. |
... |
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