Energy Bills Surge: Ofgem Urges Households to Shop Around
With energy bills in the UK rising significantly, regulator Ofgem is advising consumers to explore different tariffs as another price increase is set for January. A typical bill will increase to £1,738, over 50% higher than pre-Covid rates. This ongoing issue has left many households struggling, leading to increased debt and difficult choices about energy use. Analysts predict high energy prices might be considered the ‘new normal,’ with calls from politicians for renewed financial support for vulnerable populations.