Ofgem is set to announce the new energy price cap on Friday and the latest predictions from analysts at Cornwall Insight suggests an increase of 10 per cent is on the way from October 1.
The latest forecast estimates people on the standard tariff paying by Direct Debit, will see annual bills go up from 1,568 to £1,762 - an increase of £194.
The winter months tend to put a bigger strain on household budgets and this year there are no cost of living payments on the way and around 10 million pensioner household will miss out on the annual Winter Fuel Payments, typically worth between £200 to £300, following the Uk Government's decision to provide the money to those over 66 on means-tested benefits such as Pension Credit.
The Scottish Government has also adopted this eligibility rule change and delayed the launch of its replacement north of the border, Pension Age Winter Heating Payment, until winter 2025/26.
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