{"id":43800,"date":"2023-10-21T07:39:05","date_gmt":"2023-10-21T07:39:05","guid":{"rendered":"https:\/\/lethal-industry.com\/?p=43800"},"modified":"2023-10-21T07:39:05","modified_gmt":"2023-10-21T07:39:05","slug":"energy-bills-warning-as-consumers-could-face-unexpectedly-high-bills","status":"publish","type":"post","link":"https:\/\/lethal-industry.com\/world-news\/energy-bills-warning-as-consumers-could-face-unexpectedly-high-bills\/","title":{"rendered":"Energy bills warning as consumers could face ‘unexpectedly’ high bills"},"content":{"rendered":"

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Britons are likely to see their bills rise going into the colder months of the year – but they could go up more than expected.<\/p>\n

Energy experts at BOXT have urged consumers to note that how the Ofgem price cap work as it does not cap their total bill.<\/p>\n

Andy Kerr, founder of BOXT, said:\u00a0\u201cHowever, consumers should remember that the Ofgem price cap does not set the maximum a household will pay on their energy bills and need to remain vigilant about their usage to avoid receiving an unexpectedly costly bill.<\/p>\n

\u201cAs we head into the colder winter months, there are still concerns that consumer energy bill prices will remain concerningly high this winter.\u201d<\/p>\n

The Ofgem price cap fell from the start of October, with average bills for a typical household falling from \u00a32,074 a year to \u00a31,923 a year for those who pay for dual fuel by direct debit.<\/p>\n

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But these figures are simply the result of a calculation based on typical usage applied to the actual cap, which is on the unit price of energy.<\/p>\n

The regulator has now also changed what it considers to be average use – under the new metric the average household will pay \u00a31,834 a year.<\/p>\n

Analysts are predicting the Ofgem price cap will go up again when it is next updated in January, with BOXT forecasting average billw will rise to \u00a31,898 a year.<\/p>\n

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Mr Kerr said: \u201cWhilst there are steps consumers can take to monitor their consumption, the global cost of energy is beyond their control.<\/p>\n

“Because of this, people in the UK need to start thinking about longer-term investments into improving the energy efficiency of their homes and being more self-sufficient to ensure they are not caught out by changes in unit rates.<\/p>\n

“For this to happen the UK needs to invest effort in helping consumers make their homes more energy efficient by investing more in sustainable energy sources.”<\/p>\n

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