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Energy bills and debt are rising yet again – here are three things that would help vulnerable households

Summary by The Conversation

Energy prices are rising faster than benefits, wages or pensions, meaning the amount that UK households owe to energy suppliers – their energy debt – is also likely to grow. On April 1 2025, the energy price cap, which is the maximum amount suppliers can charge, will rise by 6.4%. This is the third consecutive quarterly increase, and a rise of 9.4% compared with the limit set the previous April, which amounts to an increase of £159 on the typica…

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Energy bills predicted to fall this summer following hefty rise coming in days

ENERGY bills are predicted to fall by £137 a year this summer following a hefty rise in the coming days. Cornwall Insight predicts the yearly cost of running your gas and electricity will fall to £1,732 this July, marking a 7% drop from April’s price cap. PAEnergy bills will fall this July according to Cornwall Insights[/caption] The drop will mark the first time over three quarters that energy bills will fall for customers. This latest predicti…

3 days ago·United Kingdom

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Bloomberg

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UK Household Energy Debt Hits £3.7 Billion as More Face Poverty

UK households are accumulating a “worryingly” large amount of energy bill debt as they face some of the highest prices in the world, at a time when government welfare reforms are set to push more into poverty.

3 days ago·United States

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Evening Standard

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The Independent (US)

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Government urged to improve response to ‘world-beatingly high’ energy bills

A watchdog said the Department for Energy Security and Net Zero must improve plans to support households vulnerable to fuel poverty.

3 days ago·London, United Kingdom

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The Conversation

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Energy bills and debt are rising yet again – here are three things that would help vulnerable households

3 days ago

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perspectivemedia.com

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My London

Banks to reach out to struggling customers as bills rise in April

Some high street banks are prepared to get in touch with customers they feel might be teetering on the edge of financial difficulty.Some of the UK’s b ...

3 days ago

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uk-times.com

Government urged to improve response to ‘world-beatingly high’ energy bills – UK Times

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth The Government should improve its response to future energy price spikes as Britons face “world-beatingly high” bills, Parliament’s spending watchdog said. Electricity bills in 2023 were the highest among comparable count…

3 days ago

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