The current price cap, which is set to rise in October, is £1,971 a year which was already a £693 rise (54%) from the previous cap six months earlier.
Ofgem chief executive Jonathan Brearley told the Business, Energy and Industrial Strategy Committee that in October it will increase to “in the region of £2,800”.
With this announcement comes the question of how people are going to be able to afford this extortionate price increase.
Already we are seeing thousands of people unable to use their gas and electric because they can’t afford it, no longer is they’re going to be a choice of heating or eating, they won’t be able to do either.
Whilst campaigners such as Martin Lewis are questioning the government as to how the public are going to cope, their words fall upon deaf ears and are ignored by the government that clearly appears not to care.
The truth is that we are dependant upon being able to heat our homes. It’s essential to have an electric supply to get by on a day to day basis, especially if disabled and have additional needs. Being forced to live in cold dark homes puts people at a very high risk of becoming ill or even dying.
It makes no difference how much you can budget and save when every penny is having to be spent on the ever increasing energy prices, although the likelihood is that bills won’t be paid because of a lack of ability to do do.
Not only will this affect the consumer it will also affect the energy suppliers that are dependant on their customers paying their bills to continue trading. I suspect that many more will be forced to shut therefore leaving both the consumer and the economy in a very precarious position.
The truth is that yet again the obscene energy price increases are yet another devestating choice that’s been made by the government. It’s pretty obvious that they don’t care how the average person will suffer and what a detrimental affect this will have to the public and to the economy.
It’s a ticking time bomb waiting to explode and something has to give before we start to see the serious ramifications of the ever increasing energy costs. I and others predict that thousands are at risk of becoming seriously ill or dying. We must do everything that we can do to prevent this from happening.
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