Rising Energy Costs

Rising Energy CostsRising energy costs are currently the talk of many consumer news reports and Government discussions, and have been for some time. The increasing energy costs in the UK are anticipated to only continue increasing as the "Big 6" energy companies dominate the market.

Reports from uSwitch say that UK consumers now owe an estimated £637m to energy firms, an 6pc increase on last year.

More than five million households are now believed to owe their energy supplier money, compared to less than four million in 2012.

Paul Green, from price comparison website Energyhelpline.com, said: 'Obviously this winter started early and it has gone on for a long, long time. People are using 20 per cent more energy than traditionally and this has come at a time when prices are higher too.

Across the board things look black for customers as they can expect to suffer from price rises in the region of 5-10 per cent from all suppliers before the autumn sets in.'

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