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UK energy price cap rises 13% to £1,862 as household debt hits record £4.8bn

By

Jillian Ambrose

1h ago· 4 min readenNews

Summary

Ministers are under pressure to address rising energy costs as Great Britain's quarterly price cap rises 13% to £1,862 per year for an average household — the steepest summer increase in four years. This comes as consumer energy debt hits a record high of nearly £4.8 billion, with unpaid bills climbing £240 million in the past three months. Andy Burnham is mentioned as appearing poised to act on the issue.

Source

bskyUK energy price cap rises 13% to £1,862 as household debt hits record £4.8bntheguardian.com

Key quotes

· 3 pulled
Ministers are facing growing pressure to lower energy costs as households in Great Britain face the steepest rise in summer bills in four years this week.
The quarterly cap on gas and electricity charges will rise by 13% from Wednesday to the equivalent of £1,862 a year for an average household.
Unpaid energy bills have climbed by £240m in the past three months, according to the data released by the industry regulator Ofgem, last week, to reach an all-time high of almost £4.8bn.
Snippet from the RSS feed
Quarterly Ofgem price cap rises to equivalent of £1,862 a year from 1 July amid growing consumer energy debt

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