These outstanding payments have tripled over one year. VSThis debt is expected to increase further, as electricity rates are to undergo further significant increases in the coming months, estimates the comparison site Uswitch, in a press release published on Wednesday.
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A sad record that says a lot about the state of British household finances. Unpaid electricity bills in the UK have tripled over a year to 1.3 billion pounds, or around 1.5 billion euros, a sign of the consequences of inflation on the British, according to the Uswitch comparison website. And this debt is expected to increase further, as electricity rates are set to undergo further significant increases in the coming months, Uswitch estimates in a press release published on Wednesday August 10.
The British energy price regulator Ofgem is due to announce on August 26 an increase in the energy price cap. It should drop from 1,971 pounds (2,340 euros) per year to 3,358 pounds (3,988 euros) per year for an average household in Great Britain, estimates Uswitch, due to soaring energy prices.
Analysts from the specialized firm Cornwall Insight expect further increases in this ceiling in October, January and April, which could then raise it to 4,427 pounds (5,250 euros). “It’s an alarming situation,” notes Justina Miltienyte, a Uswitch manager. She calls on electricity companies to help households that are unable to pay their bills “Find a solution, including offering more affordable payment schedules” and advises households in difficulty to apply for the aid to which they may be entitled.
Inflation could exceed 13% in October in the United Kingdom according to the Bank of England, a record since the end of 1980, after having already reached 9.4% over one year in June, largely fueled by soaring oil prices. energy.
An anonymous campaign called “Don’t pay” has been launched with nearly 100,000 participants, demanding a reduction in energy bills at a “affordable level” under penalty of doing “strike” electricity bill payments from October 1st.