UK to see 80% spike in energy bills as crisis deepens

Economy/International
  • 27-08-2022, 20:30
    • +A -A

    INA - SOURCES

    U.K. residents will see an 80% increase in their annual household energy bills, the country’s energy regulator announced Friday, following a record 54% spike in April.

    That will bring costs for the average customer from 1,971 pounds ($2,332) a year to 3,549 pounds.

    The latest price cap — the maximum amount that gas suppliers can charge customers per unit of energy — will take effect Oct. 1, just as the cold months set in. 

    Bills are expected to rise again in January to 4,000 pounds.

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