Suppliers pile pressure on government over energy bills
Summary
Energy UK, the trade group for energy suppliers, has urged the government to act quickly to help households facing rising energy bills this winter. Forecasters predict a significant increase in energy costs in January, which could worsen the financial strain on many families.Key Facts
- Domestic gas prices rose recently and are expected to increase sharply again in January.
- About 20 million UK households on variable energy tariffs are affected by Ofgem’s price cap system.
- The price cap was raised by 4% in October, increasing average annual bills by about £60 to £1,723.
- Forecasts suggest bills could reach nearly £2,000 annually in January.
- Energy UK said government support like VAT cuts and levy changes have been offset by high wholesale prices caused partly by global conflicts.
- Rising customer debt is adding approximately £67 to everyone’s bills on average.
- Energy UK recommends targeted financial help, a social tariff for vulnerable groups, debt relief schemes, and shifting some energy costs from bills to taxes.
- Prime Minister Andy Burnham acknowledged the pressure and said the government is exploring ways to ease the burden.
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