Households issued urgent 24-hour warning as energy bills to rise by £94
The IndependentGet 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. This means the UK government needs to take much more action to help people stay warm this winter and every winter through increased support for home insulation and cheaper renewable energy.” open image in gallery Charities have urged Ofgem to abolish the January price hike Warm This Winter spokesperson Fiona Waters said: “Without additional support, it will be anything but a happy new year for people trapped in Britain’s broken energy system. “Failure to avert this cold homes crisis will lead to pressure on the NHS, a mental health catastrophe and additional winter deaths caused by living in cold damp homes.” However, in a glimmer of hope for households, latest forecasts suggest the energy bills for the typical household will fall to £1,660 from the start of April, reflecting international gas prices dropping in recent weeks, and then to £1,590 from July before rising slightly to £1,640 from October next year. “The recent stabilisation of international energy markets has trickled down to April’s price cap predictions, raising hopes that this downward path will continue throughout the remainder of 2024. “Whether concerns in the Red Sea become heightened, or another potential disruption to supply occurs, there are no guarantees the price cap will not rise again.” Dr Lowrey added: “Ultimately, waiting and hoping that we will avoid another global incident that sends energy prices climbing is not a sustainable strategy for government.