Energy price cap rise ‘will push millions in Great Britain into fuel poverty’
Summary
The energy price cap in Great Britain is rising, causing many households to spend more on electricity and gas. This increase will push millions more people into fuel poverty, meaning they will have to spend a large part of their income just to keep their homes heated or cooled.Key Facts
- The energy price cap will increase to about £1,862 per year for the average household.
- Around 13.5 million households will spend more than 10% of their income on energy, up from 11.3 million in April.
- Nearly 5.5 million homes will spend about 20% of their income on energy, up from 4.3 million in April.
- Electricity prices will rise from 24.67p to 26.11p per kilowatt-hour, and gas prices from 5.74p to 7.33p per kilowatt-hour for those paying by direct debit.
- Energy bills are expected to stay high during the cooler months because of increased gas use.
- Some groups are calling for government action, including protests demanding lower energy costs and public ownership of energy companies.
- Labour MP Andy Burnham proposes more local control over energy services to reduce costs.
- Officials acknowledge the concerns but have not announced new major interventions yet.
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