Lee Boyce

And now we're back to having kind of like six main energy companies again.

which means we're kind of at the mercy of whatever rates they're setting the other thing that's happened that has happened the last couple of weeks some of the energy providers are launching kind of like top of the range tariffs and then giving households like 24 or 36 hours to fix onto them and then they're gone so this kind of like deals that vanish quite quickly and i think that

I don't really like that very much.

It feels like people are rushing into making decisions and you have to work out your unit rate and all that kind of thing.

Because while the price cap is set at this level, you've got to remember that's just for the typical household.

Some people have far bigger homes and will be paying far more than that and should be probably looking around to see what kind of fixed tariff they can get from their current provider or where else they can get their energy supply from.

And actually the big reason for this price cap rise is a 35% rise in wholesale gas prices.

And it's not July that's the concern, because of course, July, August, September, we typically use less energy, aka the heating.

It will be more, what is the October price cap going to be when we're all then starting to kick in our central heating systems?

Is it going to go much higher than that?

Could we be looking at a price cap going towards the £2,000 mark?

All of those kind of question marks are still there while the price of gas is still high.

You know, you'd be really wise to have a look now to see what you could fix.

Not for, as I say, the next couple of months when energy bills are just not on your mind whatsoever because we're in the midst of a heat wave.

But your future self may thank you when it's November, December and we're at the opposite end and there's a cold snap and you are not on a fix and the price cap has gone up and you're paying more for energy than you might have done if you'd acted now.

I think in short, if you have a handheld fan, a desktop fan, a pedestal fan, or an air cooler, you don't really have to worry about the impact it's going to have on your energy bill because it's pretty minuscule.

It's when you start getting into the bigger ticket items.

But presumably, especially if you've had something like air con built in, and typically what people do in this country, I think only something like 1% or 2% of homes in this country have air conditioning units, which is a bit of an anomaly compared to

But we are having probably more heat waves than we usually would.

But homes in this country have been largely built to keep the warm in rather than the other way around because we deal with more cold weather than we deal with warm weather.