Millions of UK households warned over £100 rise to energy bills
British households are preparing for an increase in energy bills this April for £ 100, and a 2 percent increase in the price limit of Ofgem is a definite warning because it entered into force.
The price limit increase will see that the average annual gas and electricity bill for bank customers has risen from £ 1,755 to £ 1,755.
Experts at Cornwall Insight foresee an £ 100 hike in April and attribute a marginal increase in a tax that supports new nuclear power plants, as well as to operating and maintaining electricity and gas networks of Great Britain.
This estimate reduces previous hopes, as Cornwall Insight claims that the price limit will fall to £ 1.725 per year in January, and now shows that such relaxation will be temporary.
The ongoing financial coercion on the household is expected to intensify the social tariffs and other important support measures to reduce the impact of these increasing energy costs.
Craig Lowrey, the chief advisor of Cornwall Insight, said: “This is a decline in bills, a relief for household peoples, but we should not confuse it as the beginning of a tendency to cheaper energy.
“The decrease we estimate is due to the relatively small changes in the wholesale market. At the same time, new charges that support nuclear development begin to appear on the bills and this is a sign of future things.
“Any decline in January will represent a pause rather than a permanent decline. Costs are expected to increase again as network fees and policy costs increase.
“Although the softening of wholesale prices is softened, the execution and raising of the British energy system reminds us that costs are progressing in the opposite direction.
“Ultimately, the adjustment of invoices through lower standing tariffs or redistribution costs does not provide significant savings. The only way for lower energy costs is a movement towards safe and sustainable energy.
“This transition comes with an open price tag, and there must be an honest debate about costs and what they mean to customers.
“The real challenge is how we support their households through shifts, targeted social tariffs play a vital role. Something that is certain is that the price limit alone cannot solve this crisis.”
The energy spokesman at Uswitch Will Owen said: “In 2026, this prediction of higher energy prices on the eve of another increase in the price limit is a painful pill for swallowing hardworking households.
“A small decline proposals on the January price limit are rapidly overshadowed with the expectations of the £ 100 hike in April and contribute to worse news for households’s bills.
“The estimated increase is due to the increasing costs of making our energy network suitable for the future, and these accusations are transferred to those who pay invoices.
“If you are in a standard tariff, you can overcome these expected increases, and now you can save invoices by switching to a fixed fixed agreement.
“Currently, there are 26 fixed agreements for the average household, which has been priced below the price limit of October and saves approximately £ 234 for the average household people.”
