The cost of wholesale gas has surged by 250% since the beginning of 2021, jumping 70% just since August, according to Oil & Gas UK.
A perfect storm of problems has meant that more gas has been needed to produce electricity.
It depends. Many households are locked into 12-month fixed priced contracts. If your contract is due to end soon, you’ll probably have to change to a more expensive deal.
Probably. Experts have warned that prices could stay at “exceptionally high levels this winter” and throughout 2022. This will have a devastating effect on many households, plunging more families into fuel poverty.
The only sure way to stop your bills from rising is to take control of your energy supply and install an independent clean energy system such as a heat pump or solar panels. That way, your power will always be free.
Would you like to see which renewable energy solution might be best for your home? Contact us here, and we can chat through your options and financial incentives.