Energy price warning as expert says 'crisis is not over'
manchestereveningnews.co.ukDespite a huge £238 fall in the energy price cap at the start of April, millions of households will remain in debt or abject fuel poverty, according to Ofgem data.
Poverty charity National Energy Action has said the ongoing energy crisis 'cannot be the new normal'. From April 1, the energy price cap is set to fall from £1928 to £1690 for those on variable tariffs, which is a large drop, but still represents a much higher monthly cost than in January 2019 - when the average annual household energy bill was £1137.
In the two years since energy prices spiked, following the Russian invasion of Ukraine, people across the UK have struggled to pay their energy bills and accrued debt.
According to Ofgem data, around 2.3 million households have racked up an average of £1200 in energy each - a total of £3bn in unpaid energy bills. READ MORE: Martin Lewis says 'bad news' as latest energy price cap forecast announced Although the average bill is set to fall by around 12 per cent next month, fuel poverty charity National Energy Action says millions of households will be paying their energy companies more than at the height of the crisis as they start to repay huge levels of debt built up because of sky-high prices.
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