Britons to spend average of £10,000 on energy bills in five years
2 years, 2 months ago

Britons to spend average of £10,000 on energy bills in five years

The Independent  

UK households will be forced to spend an average of £10,000 on energy bills during the lifetime of this five-year parliament, new analysis has revealed. Labour’s shadow chancellor Rachel Reeves pointed to “sticking plaster” policies from the Tory government for the huge rise in energy bills in recent years – and further hikes to come. Labour’s mission is to get to clean power by 2030, and our plans to build stronger, fairer, growing economy will bring that.” Pointing to figures from and forecasts by the Resolution Foundation, Labour said the £10,000 set to be spent on energy bills per household during the five-year parliament is £4,000 more than the average household spent in the previous five years. Citizens Advice chief executive Dame Clare Moriarty said: “All too often the people finding it hardest to pay their bills are being forced onto a prepayment meter they can’t afford to top up. New protections are needed to stop people being fully cut off from gas and electricity.” Recommended British Gas owner on course for eightfold rise in profits from high energy prices A government spokesperson said: “The government expects energy suppliers to do all they can to help customers who are struggling to pay their bills and suppliers can only install prepayment meters without consent to recover debt as a last resort.

Energy Labour British Gas Bills Energy Bills Citizens Advice Prepayment Meter Customers  suppliers  spent  average  energy  prepayment  forced  gas  bills  10000  spend  support  britons  meter  customers

History of this topic

Two ways UK households could save thousands of pounds per year
1 month, 1 week ago

Two ways UK households could save thousands of pounds per year

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 Climate advisers say households would …

Energy bill support will be ‘eaten up’ by price cap increase, Tories claim
Trending News
1 month, 1 week ago

Energy bill support will be ‘eaten up’ by price cap increase, Tories claim

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 Government support to help with …

More headache for Starmer, UK energy bills shoot up for the third consecutive month
1 month, 1 week ago

More headache for Starmer, UK energy bills shoot up for the third consecutive month

Firstpost  

Estimates published by the UK’s regulatory body Ofgem on Tuesday show that the cap, which is set every month, will jump to £1,849 from April 1. It said that volatile wholesale markets for both natural gas and electricity were the driving force behind the increase A British government advert offering people help with winter energy bills is seen on the …

Energy bills to go up after third straight price cap rise - here’s what you need to know
Trending News
1 month, 1 week ago

Energy bills to go up after third straight price cap rise - here’s what you need to know

The Independent  

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Energy companies rake in £4bn windfall as British families suffer sky-high bills, new analysis suggests
1 month, 1 week ago

Energy companies rake in £4bn windfall as British families suffer sky-high bills, new analysis suggests

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. In fresh analysis of Ofgem’s performance figures, CA said that energy network companies, which …

Ofgem energy price cap to rise to highest level since January 2024, forecast claims
1 month, 2 weeks ago

Ofgem energy price cap to rise to highest level since January 2024, forecast claims

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 The average cost of energy bills is set to rise …

Energy price cap set to rise in April, according to forecast
1 month, 2 weeks ago

Energy price cap set to rise in April, according to forecast

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. Craig Lowrey, principal consultant at Cornwall Insight, said: “Households have been hit hard over …

Landlords should foot ‘significant’ part of energy efficiency bill – Miliband
1 month, 3 weeks ago

Landlords should foot ‘significant’ part of energy efficiency bill – Miliband

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 Landlords should foot a “significant” …

Martin Lewis urges households to act to as he shares top tips to slash bills in 2025
2 months, 2 weeks ago

Martin Lewis urges households to act to as he shares top tips to slash bills in 2025

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. Here are some of the money saving expert’s top tips to cutting costs this …

What’s the UK Energy Price Cap and Why Is It Rising?
2 months, 4 weeks ago

What’s the UK Energy Price Cap and Why Is It Rising?

Bloomberg  

The cost of energy is rising for UK households, with regulator Ofgem increasing the limit on how much it allows suppliers to charge. High energy prices were a big talking point during the 2024 UK election campaign. Introduced in January 2019 by Ofgem during Theresa May ’s administration, the price cap was designed to save money for consumers by setting …

Ofgem energy price cap sees bills rise for millions – what you need to know
Trending News
3 months ago

Ofgem energy price cap sees bills rise for millions – what you need to know

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 The energy price cap increase from 1 January means millions …

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

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

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. Now is …

Revealed: Eyewatering £37BILLION cost of Ed Miliband's green crusade to make Britain Net Zero by 2029
3 months ago

Revealed: Eyewatering £37BILLION cost of Ed Miliband's green crusade to make Britain Net Zero by 2029

Daily Mail  

Ed Miliband's spending spree to make Britain achieve Net Zero carbon emissions by the next general election in 2029 will cost a staggering £37billion in public money, The Mail on Sunday can reveal. Pictured: Ed Miliband with Keir Starmer and Anas Sarwar at the Port of Greenock Ministers are also drawing up plans to subsidise the cost of fitting solar …

Take an energy meter reading by THIS date or risk overpaying on bills, households warned
3 months 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
3 months, 1 week 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
3 months, 1 week 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 …

Households to face average £86 hike to water bills next year alone
3 months, 2 weeks ago

Households to face average £86 hike to water bills next year alone

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 Households in England and Wales …

Water bills set to surge by 36%, regulator Ofwat says
Trending News
3 months, 2 weeks ago

Water bills set to surge by 36%, regulator Ofwat says

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 Average water bills in England and Wales will increase by …

Household water bills to rise by an average £31 a year from April
Top News
3 months, 2 weeks ago

Household water bills to rise by an average £31 a year from April

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 Household water bills in England …

Miliband: Logical to say energy bills will reduce under clean energy policies
3 months, 2 weeks ago

Miliband: Logical to say energy bills will reduce under clean energy policies

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 Ed Miliband has argued it …

Households ‘to be hit with hike in water bills of at least 20 per cent’ sparking backlash
3 months, 2 weeks ago

Households ‘to be hit with hike in water bills of at least 20 per cent’ sparking backlash

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 Households are going to be hit with a hike in water …

In the bleak mid-winter, energy prices will rise – but ‘shopping around’ won’t help
4 months, 1 week 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 …

How can I lower my energy bills and what help is there for me?
4 months, 1 week ago

How can I lower my energy bills and what help is there for me?

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. Here, the PA news agency looks at why the …

Worried about your energy bills? Where to turn for help
4 months, 4 weeks ago

Worried about your energy bills? Where to turn for help

The Independent  

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GB Energy should treat cutting bills by £300 as a priority, say Tories
5 months ago

GB Energy should treat cutting bills by £300 as a priority, say Tories

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 Sir Keir Starmer’s pledge to …

Government defeats bid to make GB Energy prioritise cutting bills by £300
5 months ago

Government defeats bid to make GB Energy prioritise cutting bills by £300

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. A separate Tory amendment to make it a strategic …

Water companies push for higher bills again as customers face up to 84% hike
5 months, 1 week ago

Water companies push for higher bills again as customers face up to 84% hike

The Independent  

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Ofgem energy price cap increases – what you need to know as Martin Lewis weighs in
6 months ago

Ofgem energy price cap increases – what you need to know as Martin Lewis weighs in

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. Please try again later {{ /verifyErrors }} Ofgem’s energy price …

Energy price cap predicted to fall in January in glimmer of hope for households
6 months ago

Energy price cap predicted to fall in January in glimmer of hope 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. Energy consultancy Cornwall Insight said it expects the typical …

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

How can I lower my energy bills and what help is there for me?
6 months ago

How can I lower my energy bills and what help is there for me?

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. Here, the PA news agency looks at why the …

£8.3 billion GB Energy plan will shield consumers from shocks, Miliband says
6 months, 4 weeks ago

£8.3 billion GB Energy plan will shield consumers from shocks, Miliband says

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 Labour’s flagship GB Energy company will shield consumers from international …

Thames Water proposes huge new bills hike
7 months ago

Thames Water proposes huge new bills 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. In its response to Ofwat’s draft determination on water companies’ …

How can I lower my energy bills and what help is there for me?
7 months, 1 week ago

How can I lower my energy bills and what help is there for me?

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. I’d encourage people to shop around and consider fixing if …

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent
7 months, 1 week 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 …

Martin Lewis says people should act now to save money on energy bills
8 months ago

Martin Lewis says people should act now to save money 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. Read our privacy policy Money guru Martin Lewis has issued a warning to all …

GB Energy: Starmer vows to ‘drive down bills’ as Labour launches plan for state-owned energy firm
8 months, 1 week ago

GB Energy: Starmer vows to ‘drive down bills’ as Labour launches plan for state-owned energy firm

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 Sir Keir Starmer launched Great …

Water bills going up map: Ofwat’s recommendations for your area
8 months, 3 weeks ago

Water bills going up map: Ofwat’s recommendations for your area

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 Water bills in England and Wales are set to rise …

Millions of households struggle to pay energy bills despite price drop – charity
9 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 …

Reeves to reiterate Labour pledge to cut down energy bills
9 months, 2 weeks ago

Reeves to reiterate Labour pledge to cut down energy bills

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 Labour government would help …

Labour’s claims it will cut energy bills by £300 are ‘false’, insist Tories
9 months, 2 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 …

Great British Energy: What would Labour plan mean for your bills?
10 months ago

Great British Energy: What would Labour plan mean for your bills?

Daily Mail  

Households could see lower energy bills under Labour plans to set up a publicly-owned Great British Energy company if they get into power, the party has claimed. Green and lean: Labour leader Keir Starmer is planning to bring in a national firm to encourage greener electricity and bring down household bills into the bargain What is Great British Energy? The …

Labour says GB Energy will fix cost-of-living crisis with clean power
10 months ago

Labour says GB Energy will fix cost-of-living crisis with clean power

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. Labour’s pledge to set up a publicly owned company to invest in domestic power …

Gas bills could rise by £1,000 to pay for wind power
10 months, 1 week ago

Gas bills could rise by £1,000 to pay for wind power

The Telegraph  

Gas bills are projected to rise by around £1,000 to pay for wind power under official plans currently being considered by the Energy Secretary. Claire Coutinho received a report earlier this year that suggested moving some or all green levies from household electricity bills to gas bills, or shifting them into general taxation. A new analysis by Cadent, a gas …

Good for Rishi Sunak? Falling energy bills grab UK election spotlight
10 months, 1 week ago

Good for Rishi Sunak? Falling energy bills grab UK election spotlight

Hindustan Times  

The UK's energy sector regulator on Friday announced a drop in the price cap for bills from July, catapulting a key cost-of-living issue into the second day of general election campaigning. Britain's Prime Minister and Conservative Party leader Rishi Sunak The cap on energy bills for most UK households will drop by seven percent on the back of sliding wholesale …

Ofgem reveals price cap falls as Britons to pay less for energy bills from July
10 months, 1 week ago

Ofgem reveals price cap falls as Britons to pay less for energy bills from July

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. Ofgem’s energy price cap will fall by 7 per cent …

Energy prices to remain ‘high and volatile’ as customer bad debt soars, MPs hear
10 months, 1 week ago

Energy prices to remain ‘high and volatile’ as customer bad debt soars, MPs hear

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 Energy prices will remain “high …

Average household energy bill set to fall by 7% in July, say experts
10 months, 2 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
10 months, 2 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 …

Federal budget 2024: Treasurer reveals $9.3b surplus while offering power bill relief, boosting rent assistance — as it happened
10 months, 2 weeks ago

Federal budget 2024: Treasurer reveals $9.3b surplus while offering power bill relief, boosting rent assistance — as it happened

ABC  

The government had been hinting for days in the lead up that energy bill assistance would likely be included again in the budget — and it's now been confirmed. All up, more than 10 million households will be getting $300 to put towards their power bills from July 1, while about 1 million eligible small businesses will get $325 to …

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