Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Higher energy prices will hit millions of people across the UK in October, just when the cold weather starts, and the country moves into winter. The energy regulator, Ofgem, said the price cap for default domestic energy deals would be raised to cover suppliers' extra wholesale costs. Your typical gas and electricity bill could go up by £139 to £1,277 a year. Prepayment customers will see an increase of £153, from £1,156 to £1309, the regulator said. There has never been a more urgent time to review your tariff and consider switching to a cheaper supplier. Switching is simple using one of the many comparison sites or making a few phone calls. Just Google ‘switch energy supplier’. One comparison site said you can save £268 by switching today. I have not verified this statement, but I have saved similar amounts by shopping around. Check out my free S.M.A.R.T MONEY MANAGER COURSE VIDEO. You can also save by calling you current supplier and asking them to put you on a cheaper tariff. The worst tariff is usually t