It’s October, which means the nights are drawing in, the temperature is dropping, and arguments can begin about when to turn the heating on.
But flicking the boiler on has just become more expensive, adding to the burden on millions of households as winter approaches.
Average energy bills across Great Britain have just risen by £149 a year today, as the latest energy price cap kicks in.
The cap, set each quarter by regulator Ofgem based on the wholesale price of energy, has just risen by 10% to £1,717 a year for an average dual-fuel household in Great Britain paying by direct debit.
That’s an increase of almost £150 per year compared with the cap in April-June, based on the energy use for a typical household.
The Joseph Rowntree Foundation is warning today that poorer families are already struggling to cope.
JRF research has found that, back in May, 2.9 million low-income households had been unable to keep their home warm in the previous six months, while 4.3 million had fallen behind with their household bills.
Yesterday, a seperate survey warned that almost half of British adults will ration their energy use this winter.
The agenda • 9am BST: Eurozone manufacturing PMI report for September • 9.30am BST: UK manufacturing PMI report for September • 10am BST: Eurozone inflation report for September • 2.45pm BST: US manufacturing PMI report for September We’ll be tracking all the main events throughout the day ...
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