Home Money Are we getting a fair deal on energy bills and why have ongoing charges soared? This is the money podcast

Are we getting a fair deal on energy bills and why have ongoing charges soared? This is the money podcast

0 comments
Are we getting a fair deal on energy bills and why have ongoing charges soared? This is the money podcast


According to forecasts, energy bills will increase twice next year. The limit, currently £1,717 a year, will increase to £1,738 from 1 January 2025 and is expected to rise to £1,782 from April 2025.

That’s the bad news. The better news is that permanent charges are in the spotlight, with the regulator proposing that by next winter energy companies will have to offer deals without them.

This week, Lee Boyce, Simon Lambert and Georgie Frost talk about energy – should it be fixed? Are standing charges fair and net zero targets to blame for bills potentially rising next year?

The use of cash is increasing and comes as half of Brits say they have had trouble paying with cash in the last year. When was the last time you spent physical money? Do you mind if it disappears?

Fences and fortunes is the name of the game with our two reader questions this week.

Storm Darragh recently wreaked havoc across the country and, for some, meant some property damage. So who is responsible for repairing a broken fence?

And then a question about IHT: We collect our pensions to avoid inheritance tax: What is the best way to gift the money to our daughters?

Lastly, Lee hasn’t won a Premium Bond award in two and a half years. He says he’s “holding on” to them, short for “holding on for dear life,” a popular slang term in the cryptocurrency world. But should it be?

Listen to the podcast This is Money

We publish the podcast every Friday for the player on This is Money, above and in Apple Podcasts (iTunes), the most popular, Spotify, audio boomand many more.

To download the Apple Podcasts app, go to the App Store. On Android devices, go to the Google Play store to download the podcast app of your choice.

You can press play to listen to this week’s full episode in the player above, and wherever you get your podcasts, subscribe and review us if you like the podcast.

If you’re not happy with using apps, you can also listen to the latest episode and archive it on the This is Money podcast page.

You may also like