Energy bills in Great Britain forecast to hit almost ÂŁ2,000 a year this summer
Consumers brace for âawful Aprilâ and Iran war cost hikes, which have pushed UKâs gas market past three-year highs Households in Great Britain could see their energy bills increase by about ÂŁ290 a year to almost ÂŁ2,000 from this summer in a âtough pill to swallowâ for consumers already braced for a volley of âawful Aprilâ cost hikes from Wednesday.A typical gas and electricity bill is now forecast to reach ÂŁ1,929 a year from July under the industry regulator Ofgemâs quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. Continue reading...
theguardian.com