Top Tips: Rising energy prices and suppliers going bust | Hot Topics

Top Tips: Rising energy prices and suppliers going bust

Check out our short energy update videos where Platform colleagues provide helpful updates about the situation with our energy bills.

The current situation

The energy price cap is set to rise by 54% in April 2022. This means that price rises for wholesale costs will now be passed on to customers and we could see the average bill increase by £700 a year!  The general advice from experts such as Martin Lewis, is don’t try and switch as fixed deals are really pricey at the moment. To see what else The Money Saving Expert is saying about the current situation click here

Financial support

If you are struggling you may be eligible for help through schemes like the Warm Home Discount, Winter Fuel Payments, Cold Weather Payments and local authority schemes like the Household Support Fund. Citizen's Advice have produced some helpful information around what is available (subject to eligibility).  

As a Platform customer, click here to find out more about our Platform Wellbeing Fund and how we may be able to help you. 

By making small, practical changes around the home, you can save money on energy bills. Click here for top tips for energy saving around the home from Money Saving Expert. 

Charis Grants manage schemes on behalf of companies - check out their details to see what is currently open and what is coming soon!

20 million households in England will be given a £150 council tax rebate from April - find out more about it here.  Your local council will have more information about how this will be paid and what help there may be if you don't qualify.

Advice

If you need help working out what you may be entitled to contact our Advisers in the Successful Tenancies Team, here at Platform.

If you're worried and need to talk to someone about your gas/electricity bills, National Energy Action (NEA) offer an advice line. Click here for more information and the number to call. 

If you live in Warwickshire, Worcestershire, Birmingham, Coventry or Solihull then Act on Energy can offer essential advice.. 

Catch our latest energy update video

You can view our latest energy update video below:

This site uses cookies.

Some are essential to the operation of the site, while others give us insights into how the site is used and allow us to personalise our services. Only essential cookies are set when you first visit the site, and non-essential cookies will only be set if you agree via the the button below. For more information please see our Privacy Notice (opens in a new window)

Please choose a setting: