Article 63D72 Energy bills after Truss freeze will eat up as much as 32% of budget for poorest

Energy bills after Truss freeze will eat up as much as 32% of budget for poorest

by
Rupert Jones
from World news | The Guardian on (#63D72)

Recalculations made for the Guardian are based on Ofgem and ONS data, and follow announcement of bailout

The move to freeze energy bills at an average of 2,500 a year means the poorest households will see as much as 32% of their entire budget going on gas and electricity, though the previously announced 400 discount will help relieve some of the financial pain, figures produced for the Guardian show.

However, up to 47% of their total budget would have been swallowed up by energy bills if Ofgem's price cap had leapt 80% to 3,549 a year in October, as was originally planned.

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