7.2 million households to pay more for winter energy despite price cap drop - The Times
7.2 million households to pay more for winter energy despite price cap drop
UK NEWS
Households who consume relatively little energy will face higher energy bills this winter than last
ALAMY
More than one in three households are likely to pay higher energy bills this winter than they did last year, despite an expected drop in the energy price cap.
Research by the Resolution Foundation think tank found that 35 per cent of English households, around 7.2 million, would see higher bills this year.
It comes after Grant Shapps, the energy security secretary, said it was not “inevitable” that bills would fall.
The foundation said bills would be higher despite the expectation that Ofgem will announce a reduction in the energy price cap from October.
Their report said the falling price per unit would be offset by a rise in the daily standing charge and the lack of last winter’s £400 energy support payment from the
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