Written by Emily Gosden on Dec 10, 2021. Posted in Latest news
Millions Of UK Households Face 70% Rise In Energy Bills
boris johnsonEnergy bills could rise to almost £1,900 ($2,524) a year from April as supplier collapses, caused by a decade of regulatory failings, add to the pain of record wholesale prices, a damning report warns.
Citizens Advice accuses Ofgem of a “catalog of errors” that will mean households face paying an extra £94 a year on their energy bills from April to foot the £2.6 billion of costs from a wave of supplier failures over the past four months.
It says this increase will come “on top of an expected increase in the price cap of between £400 and £520 in the same period”, after unprecedented rises in wholesale gas and power costs.
https://climatechangedispatch.com/millions-of-uk-households-face-70-rise-in-energy-bills/
