Rising Energy Costs

The energy price cap, which limits how much providers can raise prices, is expected to increase by +£800 to £2,800 a year, due to continued volatility in gas prices.

For the average household, that means another extra £67 a month on top of the current prices which recently skyrocketed. For many people it will mean their fuel bills have more than doubled in the last year alone.

The next raft of increases is due to hit on 1st October just as most of us would be switching the heating back on. The prospects are grim with some charities claiming as many as 12 million people in the UK may be in fuel poverty this winter.

With Utilities being a devolved issue for Westminster, each of the devolved nations have today asked for urgent action to be taken by the UK Government.

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