Energy Bills Set To Reach Record High This Winter

As the UK prepares for yet another big freeze this weekend, consumers have been warned that energy prices are expected to reach record highs.

A forecast undertaken by comparison site has suggested that the average winter energy bill in the UK could exceed £600 if temperatures continue to plummet across the country.

For the period December to February, predicts the combined cost of gas and electricity to reach £630 per household, a significant increase on last year’s average winter spend of £553.

The forecast comes after a month of price hikes from the UK’s biggest energy providers who have cited rising costs from energy wholesalers as cause of the increases.

Scottish & Southern Energy increased prices by 9.4 percent at the start of December whilst British Gas announced 7 percent price hikes for 8 million customers only last week.

“The combination of severe weather and the recent inflation-busting domestic fuel rises could leave the UK with a record national dual fuel bill of £17 billion, “said Mark Todd, director of Energyhelpline.

“This is a chilling prospect for millions of households facing New Year VAT hikes and general economic uncertainty.”

Despite rising prices, customers have been forced to increase their energy consumption as a result of the UK’s bitter weather conditions.

Temperatures between now and February are expected to average a bleak -1.4C.

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