About Tariff
A tariff is a tax on imports or exports between sovereign states. It is a form of regulation of foreign trade and a policy that taxes foreign products to encourage or safeguard domestic industry. Traditionally, states have used them as a source of income.
Can you get cheaper broadband deals with social tariffs?
... Am I eligible for a social Tariff? Ofcom has helped bring so-called social broadband and mobile Tariffs, which aim to support people on universal credit and other means-tested benefits, to the market...
Discounted fixed energy deals could still prove expensive
...Energy companies will start to contact domestic customers within days about new energy Tariffs - including information for those on fixed deals...
Why are gas prices so high and what is happening to fuel bills?
... What s going to happen? Every six months, Ofgem, the energy regulator, reviews the maximum price that suppliers in England, Wales and Scotland can charge domestic customers on a standard - or default - Tariff...
Energy bills: 'I am already paying an extra £60 a month'
... When such a deal expires, customers automatically move onto a default Tariff, which is protected by regulator Ofgem s price cap - but which will rise by hundreds of pounds in April when suppliers are allowed to recoup some of the higher wholesale costs they face...
Gas prices: MPs and peers urge PM to act on energy bills
... But many will find themselves on a different - and potentially more expensive - Tariff than their previous energy deal...
Energy price cap to be reviewed as firms go bust
... Ofgem can review the price cap - which is the maximum amount per unit that a supplier can charge households on a standard Tariff - twice a year...
My money: The alcohol bill has risen, but he has earned it!'
... I needed a new phone a few months ago as my contract increased to £23 per month from £13 Tariff I was on, as I found out, that over the duration of the contract (24 months), I would just the same as buying a new mobile pay about part...
Dennis Nilsen: Serial killer died in 'excruciating pain'
... The sentence was later upgraded to a whole-life Tariff...
Energy bills: 'I am already paying an extra £60 a month'
When you have to find an extra £60 a month to Pay your Energy bill, something has to give.
For John Alderson , deciding on the occasional meal out or A Trip to The Cinema has become a more significant financial decision.
The 64-year-old, who works in North Shields for a cleaning company, is one of millions of people for whom the cost of domestic Energy is going to take a big chunk out of The Family budget.
Most People are going to see their bill rise sharply in April, when a New - Much higher - Energy price Cap takes effect.
Mr Alderson is already feeling the impact. He had shopped around for the cheapest supplier, But his fixed-price deal came to an end in November.
When such a deal expires, customers automatically move onto a default Tariff , which is protected by regulator Ofgem's price Cap - But which will rise by hundreds of pounds in April when suppliers are allowed to recoup some of the higher wholesale costs they face.
Experts suggest the vast majority of people are better off doing nothing and reverting to the default Tariff .
However, Some People like Mr Alderson, have decided that certainty on bills for The Next 18 Months meant it was worthwhile signing up to a New fixed deal.
The trouble is, it is expensive. He says the cost is " all-consuming".
" It makes me feel angry. It is a very difficult thing to experience. At The Moment we're financially OK, But I worry about Other People on the breadline or paying with a meter. We will Pay our bills, we always do. But not everyone is So Lucky , " he says.
" Then I get annoyed because there's very little we can do about this, we can gripe and groan, But what can we do? "
Mr Alderson says options to keep the heating off are limited because his daughter is having to work from home owing to the pandemic. This, he says, is another scenario facing lots of people through no fault of their own.
Also feeling aggrieved is Tony Hughes, from Kent, who is already paying more for his Energy - But for a different reason.
He was a customer of Avro, one of nearly 30 suppliers that have ceased trading as a result of the gas price crisis.
When a supplier folds, its customers are automatically transferred to another supplier. Their Energy supply is protected, But their Tariff - so how Much they Pay - is not.
Mr Hughes was moved, ended up paying considerably more on the New variable Tariff , and is braced for that to rise again in April.
It means that, by The Spring , he expects his annual Energy bill to have risen by £1,400.
" Lots of people do not realise they will face this too, " he says. " We Are having to subsidise this through our savings. "
He says that having saved throughout his working life for a nice retirement, he now is using that money for the heating.
" This is through no fault of My Own . It is difficult to find that amount of money These Days . I've accepted it's beyond My Control , But I'm worried about the further increase which could happen soon, " he says.
" I just hope it's short lived. I can live with it for a year and hopefully prices will drop.
" The government has got to Do Something . They've got to help the companies in the short term or help the customer. Some People might not have savings. It shouldn't be about eating or heating. We expect things to vary a bit, But that's a huge increase. I can't understand how people who are already struggling are going to afford it. "
Government talksTrade body Energy UK has predicted bills will surge by up to 50% in April, when The Change to The Price Cap , due to be determined in February, kicks in. It said the average household could end up paying about £700 more per year.
The Prime Minister has said he met Chancellor Rishi Sunak to discuss the cost of living issues being faced by households. Boris Johnson said he had been meeting the chancellor " constantly".
" I understand the pressures people are facing on their household finances" He Said , " It's making life very tough. We've got to help people, particularly people on low incomes, we've got to help people with the cost of their fuel. "
Labour and the Liberal Democrats have called for a windfall tax on North Sea oil and gas producers to fund measures to ease the cost for consumers.
Source of news: bbc.com
Tariff Photos
