Millions of households struggle to pay energy bills despite price drop – charity
6 months ago

Millions of households struggle to pay energy bills despite price drop – charity

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. As millions of people worry about keeping up with their energy payments, arrears levels have continued to increase and many have been left with unaffordable debts as a result Steve Vaid, Money Advice Trust It said energy debt was one of the most common debt types among those who contacted it for support. Steve Vaid, chief executive of the Money Advice Trust, the charity that runs National Debtline, said: “The fall in the price cap will alleviate some of the pressure many households are under, but our findings show that many more will continue to struggle as energy bills remain high. “Anyone struggling with their energy bills, or worried about their finances, should contact National Debtline as soon as possible – our advisers are here to help.” In May, Ofgem’s director general of markets, Tim Jarvis, told the Energy Security and Net Zero Committee that so-called customer bad debt had soared by more than 50% over the previous 12 months. Mr Jarvis told MPs that bad debt, when customers are unable to pay their energy bill, was now “one of the biggest challenges we’ve got in the sector right now”.

Pay Energy Bills Jarvis Ofgem Energy Debt Bad Debt National Debtline  struggling  millions  price  households  increase  bad  breaking  pay  despite  unaffordable  drop  energy  debt  struggle  sign  customers  bills  charity

History of this topic

Households urged to submit energy readings amid forecast of further rises ahead
1 week, 1 day ago

Households urged to submit energy readings amid forecast of further rises ahead

The Independent  

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Take an energy meter reading by THIS date or risk overpaying on bills, households warned
1 week, 5 days ago

Take an energy meter reading by THIS date or risk overpaying on bills, households warned

Daily Mail  

Nine million households need to submit energy meter readings by 1 January to avoid overpaying on their bills, findings warn. Homes on standard variable tariffs and without a smart meter risk having some of their energy usage estimated and potentially being charged under new, higher rates, unless they submit a meter reading on or before 1 January. Meter readings: Nine …

‘Unsustainable’ prepayment meters could see households spend third of income on energy, experts warn
2 weeks, 1 day ago

‘Unsustainable’ prepayment meters could see households spend third of income on energy, experts warn

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Households on prepayment meters in the UK could see their …

Nine million households urged to act now to avoid overpaying on energy bills
2 weeks, 5 days ago

Nine million households urged to act now to avoid overpaying on energy bills

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The comparison service has urged bill payers to submit their smart meter reading in …

In the bleak mid-winter, energy prices will rise – but ‘shopping around’ won’t help
1 month, 2 weeks ago

In the bleak mid-winter, energy prices will rise – but ‘shopping around’ won’t help

The Independent  

As if the announcement of yet another energy price hike wasn’t bad enough, Ofgem has added insult to injury by telling the British public to simply “shop around” for better tariffs. The energy watchdog clearly knew that it was going to take some heat by releasing the information in the midst of a cold snap, when energy bills are at …

Worried about your energy bills? Where to turn for help
2 months ago

Worried about your energy bills? Where to turn for help

The Independent  

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Millions of households told to take action by end of the day before energy price hike
3 months, 1 week ago

Millions of households told to take action by end of the day before energy price hike

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average household energy bill is to increase by £149 …

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent
4 months, 2 weeks ago

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Customers on standard variable tariffs will pay 6.24p per kWh …

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories
6 months, 3 weeks ago

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories

The Telegraph  

Claire Coutinho has accused Labour of misleading voters over claims its green energy plans will slash household bills by £300 a year. The criticism comes after Ed Miliband, the shadow energy secretary, claimed that a massive expansion of wind, solar and nuclear power will cut consumer bills by an average of £300 a year by 2030. However, Ms Coutinho pointed …

Average household energy bill set to fall by 7% in July, say experts
7 months, 3 weeks ago

Average household energy bill set to fall by 7% in July, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The average household energy bill …

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing
7 months, 3 weeks ago

Relief for Brits as energy price cap is set to fall by 7% in July cutting annual bill for typical household to £1,574... as Jeremy Hunt says UK has 'turned a corner' with mortgage rates easing

Daily Mail  

Brits are set for much-needed relief with energy bills projected to fall by another 7 per cent in July. Dr Craig Lowrey, Principal Consultant at Cornwall Insight, said: 'Our projections suggest that from July, the average annual bill will fall by around £500 compared to last summer, offering further relief given the quarter-on-quarter drop seen in April. 'While the cap …

7.4m people struggling with bills and credit repayments in January 2024 – FCA
8 months, 4 weeks ago

7.4m people struggling with bills and credit repayments in January 2024 – FCA

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Around 5.5 million people are estimated to have fallen …

Average household energy costs fall to lowest point in two years
9 months, 1 week ago

Average household energy costs fall to lowest point in two years

The Independent  

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Energy price cap 2024: Households see bills fall as Ofgem drops energy price gap
10 months, 2 weeks ago

Energy price cap 2024: Households see bills fall as Ofgem drops energy price gap

The Independent  

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Energy bills: How are Labour and Conservatives proposing to help households?
10 months, 2 weeks ago

Energy bills: How are Labour and Conservatives proposing to help households?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The government is offering fossil fuel giants tax relief on …

Energy bill price hike takes effect as record numbers struggle with debt
1 year ago

Energy bill price hike takes effect as record numbers struggle with debt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Without additional support, it will be anything but a …

Household energy bills to rise 5% from January 1 amid record consumer debt
1 year ago

Household energy bills to rise 5% from January 1 amid record consumer debt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A £94 increase to the …

Charities ramp up ‘help to repay’ calls as millions unable to pay energy debts
1 year, 2 months ago

Charities ramp up ‘help to repay’ calls as millions unable to pay energy debts

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem"> Ahead of Chancellor’s upcoming Autumn Statement, the free debt advice service is leading …

Lower energy price cap takes effect amid concerns households will pay more
1 year, 3 months ago

Lower energy price cap takes effect amid concerns households will pay more

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A fall in Ofgem’s energy …

Almost 5,000 excess deaths due to cold homes last winter as Treasury fails to give out £440m in energy support
1 year, 4 months ago

Almost 5,000 excess deaths due to cold homes last winter as Treasury fails to give out £440m in energy support

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Almost 5,000 excess winter deaths were caused by cold homes …

Energy bills expected to fall £150 a year from October
1 year, 4 months ago

Energy bills expected to fall £150 a year from October

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The amount that an average …

People told to read meters after energy prices fall
1 year, 6 months ago

People told to read meters after energy prices fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy People across Great Britain have …

Average household energy bill to fall by £426 from July amid Ofgem price cap cut
1 year, 7 months ago

Average household energy bill to fall by £426 from July amid Ofgem price cap cut

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. At its peak, the price cap reached £4,279 and, …

Household energy bills to fall from July after cut to Ofgem’s price cap
1 year, 7 months ago

Household energy bills to fall from July after cut to Ofgem’s price cap

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. At its peak, the price cap reached £4,279 and, …

One in five people ‘would not seek support if they owed money’
1 year, 7 months ago

One in five people ‘would not seek support if they owed money’

The Independent  

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 SIGN UP I would like to be emailed about offers, events and updates from The Independent. One in …

Households with prepayment meters won't pay more than direct debit
1 year, 9 months ago

Households with prepayment meters won't pay more than direct debit

Daily Mail  

Households with prepayment meters for gas and electricity will get help to ensure they are charged no more than those who pay via direct debit. Chancellor Jeremy Hunt said: 'Ofgem has already agreed with suppliers a temporary suspension to forced installations of prepayment meters' Households with prepayment meters for gas and electricity will get help to ensure they are charged …

Energy Secretary hints 20% energy bill hike in April WILL be ditched
1 year, 10 months ago

Energy Secretary hints 20% energy bill hike in April WILL be ditched

Daily Mail  

Grant Shapps has hinted there could be further help for consumers struggling with large utility bills ahead of another increase expected next month. The Energy Secretary said he was 'sympathetic' to calls for more state aid with families staring at a 20 per cent increase in average bills. Energy regulator Ofgem is lowering its energy price cap from the current …

Ofgem lowers energy price cap but bills still expected to rise for households
1 year, 10 months ago

Ofgem lowers energy price cap but bills still expected to rise for households

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem chief executive Jonathan Brearley said: “Although wholesale prices …

Thousands missing out on £600 energy bill support - here’s how to get it
1 year, 10 months ago

Thousands missing out on £600 energy bill support - here’s how to get it

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An online portal has opened …

Energy bills set to eat up 10% of average salary as government support ebbs
1 year, 10 months ago

Energy bills set to eat up 10% of average salary as government support ebbs

The Independent  

Energy bills will account for up to 10 per cent of the average salary from April, new research from the TUC suggests, as analysts warned that households won’t see the benefit of falling wholesale prices until at least July. TUC general secretary Paul Nowak said: “The government must cancel its imminent hike in household energy bills at next month’s budget. …

Energy price cap: When will bills fall and by how much?
1 year, 11 months ago

Energy price cap: When will bills fall and by how much?

Daily Mail  

Here is everything you need to know about the future of energy bill pricing Here is everything you need to know about the future of energy bill pricing But the major savings will come if providers bring back cheap fixed-rate deals Households will save £426 a year on their energy bills from this summer, regulator Ofgem says, offering hope to …

High energy bills made life very difficult for 600,000 households in 2022
1 year, 11 months ago

High energy bills made life very difficult for 600,000 households in 2022

NL Times  

The high energy prices last year have resulted in a considerably higher rate of energy poverty, said research agency TNO based on its analysis of figures from Statistics Netherlands. Some 600,000 households experienced energy poverty last year, an increase of 90,000 since the last measurement took place in 2020. Energy-impoverished households are counted based high energy costs, poor insulation and …

Households heading for £500 energy bill boost
2 years ago

Households heading for £500 energy bill boost

The Telegraph  

Households are on course to pay hundreds of pounds less than feared for energy after gas prices dropped to their lowest levels since before Russia’s invasion of Ukraine. Analysts at Investec forecast that the energy price cap, which dictates what suppliers can charge for gas and electricity, will be as low as £2,600 per year from July. But Mr Young …

Millions of Britons face £900 energy bill hike in April as cap ends
2 years, 1 month ago

Millions of Britons face £900 energy bill hike in April as cap ends

Daily Mail  

Millions of households face a cost of living crunch in April with average energy bills rising by £900 as the government's cap ends - and council tax almost certain to soar. Rishi Sunak said there was no option about 'putting our public finances on a sustainable trajectory', suggesting that otherwise there would be a repeat of the market meltdown that …

Half of households say they will spend more on energy bills than rent
2 years, 2 months ago

Half of households say they will spend more on energy bills than rent

The Independent  

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Explained | U.K. Prime Minister Liz Truss’s new energy policy to limit bills
2 years, 3 months ago

Explained | U.K. Prime Minister Liz Truss’s new energy policy to limit bills

The Hindu  

The story so far: Newly-appointed U.K. Prime Minister Liz Truss unveiled her energy plans for the country on Thursday amid rising inflation and growing concerns for a crisis in Europe as a fallout of the Russia-Ukraine war. Under the “two-year energy price guarantee”, typical household energy bills will be an average of £2,500 a year for heating and electricity, Prime …

Energy bills plan will rein in soaring inflation, but come at a ‘massive’ cost
2 years, 4 months ago

Energy bills plan will rein in soaring inflation, but come at a ‘massive’ cost

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Prime Minister’s plan to …

Warning 1.3 million Britons will be pushed into poverty even with energy bill freeze
2 years, 4 months ago

Warning 1.3 million Britons will be pushed into poverty even with energy bill freeze

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A further 1.3 million Britons will be pushed into poverty …

High energy bills could push people out of debt relief schemes
2 years, 4 months ago

High energy bills could push people out of debt relief schemes

NL Times  

Higher energy bills are especially dangerous to people who are paying off debt, according to the NOS. And 95 percent of Dutch people are worried rising energy prices will bring an economic crisis in 2023, according to a survey by Hart van Nederland. Debt counseling organizations told the NOS that the final bill from energy companies, which accounts for the …

Debt help charity sees ‘concerning’ rise in new clients in energy arrears
2 years, 4 months ago

Debt help charity sees ‘concerning’ rise in new clients in energy arrears

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The proportion of new clients …

Public should cut back on energy use, says chancellor in government U-turn
2 years, 4 months ago

Public should cut back on energy use, says chancellor in government U-turn

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Adam Bell, the former head of energy strategy for the government, predicted a 10 per …

Energy price cap to soar by 80% as Government urged ‘match scale of the crisis’
2 years, 4 months ago

Energy price cap to soar by 80% as Government urged ‘match scale of the crisis’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem’s chief executive Jonathan Brearley urged the incoming prime …

Britain to see 80% spike in energy bills as crisis deepens
2 years, 4 months ago

Britain to see 80% spike in energy bills as crisis deepens

Associated Press  

LONDON — Jennifer Jones keeps feeding money into her energy meter, but it never seems to be enough. “The pressure of not knowing how to pay the next bill or having enough food to survive just accentuates whatever they’re already going through.” About 1 million low-income households have had to take on new or extra debt to cover an essential …

Households brace for bills to soar further as energy price cap set to top £3,500
2 years, 4 months ago

Households brace for bills to soar further as energy price cap set to top £3,500

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Millions of UK households are bracing for a huge rise in …

6m households to have savings wiped out after energy price cap surge
2 years, 4 months ago

6m households to have savings wiped out after energy price cap surge

The Telegraph  

Around 6m British households will have their savings wiped out completely after the latest surge in the energy price cap, economists have warned. The National Institute of Economic and Social Research said around 2.2m additional households will run out of savings by April 2024 after Ofgem confirmed the average energy bill will jump to £3,549 in October. The Joseph Rowntree …

Can’t pay, won’t pay: the energy bills crisis we cannot afford to ignore
2 years, 4 months ago

Can’t pay, won’t pay: the energy bills crisis we cannot afford to ignore

The Telegraph  

Julie-Ann Riseborough’s concern grows as she looks at the expanding list of calls to deal with in front of her. “I’m just looking at someone who has £2 left on their electricity meter.” From her branch at Mountain Ash in the former mining heartlands of the South Wales valleys, Riseborough has been helping people manage their finances for almost two …

Poorest families continue to be hardest hit by inflation, say experts
2 years, 4 months ago

Poorest families continue to be hardest hit by inflation, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. James Smith, research director at the foundation, said: “Inflation …

Energy bills: UK recession looms as households feel pain
2 years, 4 months ago

Energy bills: UK recession looms as households feel pain

CNN  

London CNN Business — Britons are bracing themselves for more tough times ahead as the economy starts to shrinkand a new forecast suggests average annual energy bills could exceed £5,000 next year. According to estimates released Friday by energy research firm Auxilione, the average annual energy bill for millions of UK households is expected to hit £5,277 next spring after …

Households owe £1.3bn to energy suppliers even before bills are set to double this winter
2 years, 4 months ago

Households owe £1.3bn to energy suppliers even before bills are set to double this winter

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. "Energy debt has hit an …

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