The energy supplier is yet to announce its decision on price cap rates.
Octopus Energy, one of the UK's leading energy suppliers, are offering new customers £50 credit each for them and a friend if they switch over to their company - despite not making a decision on their new energy prices yet.
The popular energy supplier is yet to make a decision on their prices, following the news that that the energy price cap will increase to £3,549 for a typical dual fuel household from October 1, 2022. Ofgem, the energy regulator, announced in August that the energy price cap on variable tariffs will increase to £3,549 a year for a typical household from October 2022.
Sign up to Glasgow Live's newsletter Get all the latest Glasgow news and headlines sent straight to your inbox twice a day by signing up to our free newsletter.The morning newsletter arrives every day before 9am and the evening newsletter, manually curated by the team, is sent between 4pm and 5pm, giving you a round up of the most important stories we've covered that day.Many disgruntled customers took to social media to vent their frustrations at the lack of information being provided.
Another said: "@OctopusEnergy this is a moment you decide what long term customer value means to you. We won't forget if you rinse us and make excessive profits as a result of your decision in 10 days time. #EnergyCrisis @mrjamesob."You can visit the Octopus Energy website here for updates on their decision regarding the rise in the price cap.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What Happens If You Can't Pay Your Energy Bill? Can Suppliers Cut You Off?The energy price cap will rise by 80% from this October, soaring to £3,549, Ofgem has announced.
Read more »
Chelsea had shock £50 million deadline day offer rejected for 18-year-old wonderkid🗓 6th July: Joins new club in £14m deal 🗓 1st September: Chelsea made shock £50m deadline day bid The Blues stunning late move was rejected... ❌️💰
Read more »
Cost of living: Consumer group offers energy and money-saving tips to head off price hikesThe average costs of running household appliances will surge, so one consumer group has offered some practical advice to get people through.
Read more »
Public venues could be heat banks for those struggling with billsSome Nottinghamshire councils say progress is being made on establishing 'heat banks'
Read more »
Scheme to cap bus fares at £2 to be rolled out to help with cost of living crisisThe scheme, for places like Leeds, Bradford and Huddersfield, was first announced by Labour Mayor Tracy Brabin in May, with single fares capped at £2 and day tickets at £4.50
Read more »