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New dire price cap warning as energy bills look set to hit £4,200 in January

New dire price cap warning as bills look set to hit £4,200 in January

Energy regulator Ofgem is to blame for part of a massive increase in energy bills, experts said, as they forecast that the price cap will hit more than £4,200 in January. In a new dire outlook for households, Cornwall Insight said bills are set to ...

09 Aug 2022 at 13:02

Energy bills forecast to hit £3,615 amid worsening cost-of-living crisis

Households across Britain have been warned they could face an annual energy bill in excess of £3,600 this winter. Energy consultant Cornwall Insight said a regular gas and electricity bill in England, Wales and Scotland could reach £3,615 in the ...

02 Aug 2022 at 08:13

Energy bills forecast to remain above £3,350 until at least 2024

Household energy bills are likely to remain at more than two-and-a-half times their pre-crisis levels until at least 2024, a dire new prediction has warned. Cornwall Insight, one of the country’s most respected energy consultancies, said bills ...

02 Aug 2022 at 12:39

Energy bills could rise by another £1,000 if gas prices do not drop

Energy prices for millions of households could rise by another £1,000 by October, the boss of the industry body has warned as gas prices continue to soar. Emma Pinchbeck, chief executive of Energy UK, said the average household might be ...

03 Mar 2022 at 13:55

News

Price rises that overwhelmed energy suppliers to hit consumers in 2022

Soaring gas prices consigned a string of energy suppliers to the graveyard in 2021, and will lead to runaway household bills next year as the sector continues to struggle. Energy suppliers had been paying 54p per therm of gas at the ...

23 Dec 2021 at 10:33

Energy bills set to dip below Government support levels from July, forecast says

The Government might save billions of pounds subsidising people’s energy use as bills might drop enough for it to in practice remove support for households by the middle of this year. Researchers said that current data suggests ...

04 Jan 2023 at 16:01

Energy bills forecast to fall in second half of 2023 after spring spike

Energy bills could be hundreds of pounds lower than previously thought in the latter half of this year but only after a spike in the spring, new analysis has suggested. The average household’s energy bill might hit around £2,...

19 Jan 2023 at 11:39

Households warned of potential £1,400 rise in energy bills by next year

Households across Britain might be in for an even bigger shock than expected this winter after one of the country’s premier energy consultancies warned of steeper bill rises. Cornwall Insight said the price cap for the ...

08 Jul 2022 at 16:01

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