ENERGY bosses and the Government are in talks over soaring bills – with £600 hikes due in weeks. But some good news is also on the way. Some 16 million households on average £1,277-per-year price c…
ENERGY bosses and the Government are in talks over soaring bills – with £600 hikes due in weeks. But some good news is also on the way.
Better news is that the Government is considering loans to suppliers to reduce both price cap increases and extra bill charges covering costs stemming from energy firms which went bust.There are also calls to cut green levies from bills, to axe VAT on bills and to wallop North Sea gas producers with a windfall tax.
The Government, set to announce financial help for bills in weeks, said: “Ministers are working to protect consumers from high costs.”Bills may rise if...Over half the population – people on variable tariffs – will see bills rocket, as the price cap is set to soar from an average of £1,277 to close to £1,900 from April 1. High wholesale gas prices are to blame.