NEARLY 60,000 UK HOUSEHOLDS SOUGHT HELP AMID SOARING ENERGY COSTS

Sun 12 January 2025:

Nearly 60,000 people in England and Wales sought help as energy bills soared by 20% over the past year, according to a network of charities on Friday.

Citizens Advice revealed that it supported 60,000 households struggling to cope with the spiraling cost of gas and electricity – double the figure recorded in 2020.

It reported that soaring energy bills were the most common issue raised by those seeking help.

Many households faced large catch-up bills, which averaged £2,500 ($3,057) last year. The organization warned that while billing issues are not new, the consequences have become far more severe due to increases in energy prices.

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Energy prices have continued to rise sharply, exacerbating financial pressures on households.

Ofgem, the energy regulator for Great Britain, increased the price cap by 1.2% on Jan. 1, bringing the average annual energy bill for millions of households to £1,738.

Another 3% hike is expected in April, potentially pushing bills even higher.

The current price cap is nearly £600 more than it was at the start of 2022, as Russia’s war on Ukraine sent energy prices skyrocketing.

These increases come at a time when the UK is experiencing its coldest January in 15 years, leading to heightened demand for heating.

-Source: AA

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