It's been a tough few months keeping up with our gas and electricity bills and unfortunately it's only going to get harder for us and many others.
The energy crisis isn't going anywhere and something drastically needs to be done to help millions that will be facing fuel poverty, but the latest advice hints at paying even more on those dreaded direct debits for a brighter, cheaper future overall.
Martin Lewis, the man behind Money Saving Expert, took to social media last week to discuss the devastating blow the energy price cap predictions will have and stated that the amounts are "unaffordable for millions." While help has previously been announced from the government in the form of grants, nothing further has been added.
Cornwall Insight, energy analysts are predicting that the energy price cap, set to be announced by Ofgem in October, will be £3,582 for the year, £200 higher than their previous estimate. READ MORE: British Gas customers urged to check these things ahead of new energy price cap They then went on to say that the energy price cap, which limits the rates a supplier can charge for each unit of gas and electricity you use, will increase again in January 2023, to £4,266.
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