Money Box Live: Energy Prices
Money Box
BBC
4.2 • 825 Ratings
🗓️ 12 September 2018
⏱️ 29 minutes
🧾️ Download transcript
Summary
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.
Transcript
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| 0:00.0 | In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers. |
| 0:08.0 | But the man who often found, tortured and sometimes killed these people on behalf of the IRA |
| 0:12.0 | was himself an informer, a secret British army agent with the codename Stakeknife. |
| 0:18.0 | Who gets to play God? And why me? Why my family? |
| 0:21.4 | When lies are still being told to this day, who do you believe? |
| 0:25.1 | I wouldn't even know where to start, and I'm with the IRA. |
| 0:28.5 | Steakknife. |
| 0:29.7 | Listen first on BBC Sounds. |
| 0:32.6 | This is the BBC. |
| 0:35.6 | Good afternoon. |
| 0:37.3 | Today is all about energy bills. Last week, the regulator |
| 0:41.1 | off-gem announced it would be capping energy prices, aiming to save 11 million households, on |
| 0:46.8 | average 75 pounds each. So how will this price cap work? Already there have been warnings that it may |
| 0:54.0 | well stop people switching |
| 0:55.2 | supplier with consumers thinking they can rely on the price cap for protection against so-called |
| 1:00.8 | rip-off tariffs. But shopping around, experts agree will still be necessary to get a good deal. |
| 1:08.0 | And from your emails, it seems many of you have had problems switching and others |
| 1:12.6 | have had problems with smart or maybe not quite so smart meters. So today is not just about the |
| 1:18.7 | price cap. Whatever your energy question, issue or grievance, we want to hear from you. We have a |
| 1:24.5 | panel of experts ready to respond. So please call Moneybox live now |
| 1:29.3 | on 0300-100-44-geographic charges from landlines and mobiles apply or email Moneybox at |
| 1:38.9 | BBC.co.com. And we've already had a bit of a grievance or criticism from Susan who called in to say, |
... |
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