UK Energy

The Scottish National Party (SNP) is calling for the UK Government to reintroduce a £400 energy bill rebate.

Energy bills have skyrocketed, with the average cost nearly doubling from 2021 levels.

Recent hikes in standing charges have only exacerbated the problem, adding up to £300 to annual bills.

Energy consultancy Cornwall Insight has issued warnings of further energy bill increases this winter.

A few days ago, Ofgem announced the energy price cap that will stand at £1,923 from 1st October.

Last month, a report by Investec Bank Plc estimated that the average household energy bill would remain at £1,900 per year throughout the third quarter of 2024.

A recent report by the Resolution Foundation indicates that this winter, over a third of households in England, approximately 7.2 million homes, are poised to experience higher energy bills than the previous year, with nearly half of the poorest families affected.