What on earth is going on with the energy market?

When it comes to protecting your home and your family, there is more to it than the physical use of keys and locks. We can provide security systems and hardware for your home or vehicle but when it comes to everyday living, you need to be aware of these colossal changes in the energy market too.

Price cap

The main action that has been taken to combat ever-increasing hikes in the energy market is a price cap freeze. Taking effect from October 1st, this means that top prices for those across the UK are capped at £2,500 to ensure as much support as possible for those across the country as the colder months approach.

Taxing energy firms

The chief of Shell himself has suggested that the government might need to tax energy firms as those with the least are likely to struggle even as oil and energy companies continue to see growing success and wealth. He has also predicted that the struggle with energy shortages is likely to last at least a few more years, prompting his serious declaration about the part of energy firms in this struggle.

Energy rationing campaign

A campaign promoting the public to use less energy has been ruled out. The government has set a firm stance that it will not tell people what to do. However, at a time when rationing energy is even a possibility, it seems like common sense to avoid running unnecessary appliances so that the elderly and vulnerable don't have to suffer random power outages during the winter.

Surviving energy market changes

The immediate problem for many when it comes to these energy market changes is cost. If you are struggling, and you have already ensured that you are using the absolute minimum electricity you can, one of the best things to do is use a service which can help you find the most cost-efficient provider. In this tough time, every penny helps so using a service like Switch Plan means you can quickly and easily find the best deal in the energy market for you, without having to sacrifice being warm this winter. So head over to Switch Plan and keep your home and your family safe, not just from burglars, but from the winter too.