Projected £85 Annual Increase in Energy Bills

Energy bills are projected to rise by £85 per year, from £1,738 to £1,823, starting April 1, according to forecasts by Cornwall Insights. Dr. Craig Lowrey from Cornwall Insights noted that households have experienced escalating bills for three consecutive months, attributed to cold weather and depleted gas storage levels. Richard Neudegg from Uswitch recommended that households consider fixed-rate deals to shield themselves from future price hikes. National Energy Action is advocating for increased support to aid households in coping with escalating energy expenses, underscoring the importance of tailored assistance.