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Energy bills could be higher than mortgage payments next year, say experts
According to the the latest forecast by energy consultancy Auxilion, energy prices could spike at as much as £6,823 per year
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According to the the latest forecast by energy consultancy Auxilion, energy prices could spike at as much as £6,823 per year
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The customers, who all have pre-payment meters, had been overcharged between January 2019 and September 2022 according to Ofgem
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Though individual savings might look relatively small, they can add up to significant savings across a year
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Lib Dems have accused the Tories of 'stalling in the face of a national emergency'.
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Energy bills could reach £3,615 in the new year
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The discount comes as bills could hit £3,420 per year from October
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If the predictions come to pass they will put enormous pressure on already squeezed households
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Which? said it believed the true figure was likely to be even higher, as many scam attempts went unreported
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The Chancellor acknowledged that high inflation is causing “acute distress” for people in the country
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The current cap for the average household is £1,971
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The prospect of high temperatures affecting energy costs is at the forefront of many people's minds
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The price cap on household energy bills could be reviewed every three months under new plans from Ofgem