DOUBLE IN BILLS TROUBLE
Daily Record|February 28, 2023
‘Scrap the price hike’ Tories told
GRAHAM HISCOTT and LIZZY BUCHAN
DOUBLE IN BILLS TROUBLE

THE number of people who can’t afford their energy bills will double, it has been warned. 

It comes as the Tories are under mounting pressure to scrap April’s energy bill hike.

Energy regulator Ofgem yesterday confirmed that a cap which, in theory, limits what millions on standard tariffs pay, will be cut by nearly £1000 to £3280 a year from the spring. In practice those customers will not pay that much due to the Government’s Energy Price Guarantee.

The EPG, launched last autumn, works in a similar way by limiting the hit to customers.

This story is from the February 28, 2023 edition of Daily Record.

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This story is from the February 28, 2023 edition of Daily Record.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.