How High Could Bills Go?
Newscast
BBC
4.3 • 6.6K Ratings
🗓️ 26 August 2022
⏱️ 33 minutes
🧾️ Download transcript
Summary
The energy price cap explained.
After the energy regulator Ofgem announces an increase in the energy price cap, Adam is joined by Martin Lewis, from Money Saving Expert, Energy UK’s Emma Pinchbeck and BBC Business Editor, Simon Jack, to unpick all the details.
This episode was made by Tim Walklate with Natalie Ktena, Danny Wittenberg and Clare Williamson. The technical producer was Emma Crowe. The assistant editor was Sam Bonham.
Transcript
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| 0:00.0 | BBC Sounds Music Radio Podcasts |
| 0:04.9 | Hello, today the energy regulator Offgem announced the new level of the price cap for household energy, |
| 0:12.4 | which will apply from October. The typical household energy bill as a result of this price cap |
| 0:19.1 | will rise to £3,549 a year. That is a huge, huge increase. And as we've discussed many |
| 0:29.6 | times on newscast, that headline figure actually applies differently to different people and different households. |
| 0:37.8 | It's not really a cap on how much your bill is going to be this winter. And there's all sorts of |
| 0:43.6 | factors that go into it and things you have to take account when you read that number. So we are |
| 0:48.7 | going to do that on this episode of newscast. Newscast. Newscast from the BBC. |
| 0:54.8 | Nobody said to me this is an event that is against the rules. Be on the back better. Blah blah blah green economy. Blah blah blah. |
| 1:02.8 | I've absolutely apologised for using the word scorn. Can't out enough is enough. |
| 1:08.2 | Funnily enough it was tractors that I was looking at. This is not the Russian people's war. |
| 1:12.8 | Fair play, this is polyhaw easy son. I am virtually out of tools to help people now. |
| 1:19.2 | Hello it's Adam in the studio and we're going to spend the whole episode talking about the energy |
| 1:23.6 | price cap and the off-generman announcement today and we'll do it with Simon Jack the BBC's |
| 1:27.4 | business editor. Hi Simon. Hey Adam. I set my alarm clock early this morning so I could hear |
| 1:32.3 | the announcement and I heard you doing a live radio bulletins piece which is the mark of a bit of |
| 1:38.0 | breaking news because normally there's a pre-recorded just before aren't they? That's right. |
| 1:41.3 | That's a one to get the adrenaline running when you're in the AM bulls as we call it here in the |
| 1:46.1 | morning bulletins and doing it live this little bit of pressure. Yeah so it was a big story. |
| 1:50.3 | But I added to the drama around the number as well and also here to help us out is Emma |
| 1:54.7 | Pinchback Chief Executive of Energy UK the Trade Association. Hi Emma. Hello. I thought you were |
| 2:01.1 | on maternity leave not to invade your privacy here but I am on maternity leave. No one's asked |
... |
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