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Uswitch comments on latest Cornwall Insight predictions for the October and January price caps

Uswitch comments on latest Cornwall Insight predictions for the October and January price caps  

Justina Miltienyte, head of policy at Uswitch.com, said: “Every week brings more bad news about how high the price cap is likely to soar, and these latest suggestions must stir the government to act now before it’s too late.

“The latest figures for October and January make a mockery of the energy bill support package, and would see average household bills hit £580 in the first month of the new year alone. The promised £66-a-month over winter, while a good start, will barely touch the sides of this increase.

“The energy bill support needs to be urgently reviewed. The new predictions will leave a lot of people worried about how they are going to afford their bills this winter and beyond, based on the sky-high predictions through to next October. Households desperately need to know that sufficient financial support will be provided. 

“If you are behind on your bill payments, or your energy account is going into debt, speak to your provider as soon as possible. They should be able to help you find a solution, such as working out a more affordable payment plan. You may also find you are eligible for additional support such as hardship funds and other energy help schemes.”

FOR MORE INFORMATION

Prisca Simango
Phone: 07971 093 512
Email: prisca.simango@rvu.co.uk
Twitter: @UswitchPR

About Uswitch 

Uswitch is one of the UK’s top comparison websites for home services switching, including broadband, mobiles, SIM Only and insurance. We’ve saved consumers over £2.5 billion off their bills since we launched in September 2000.

In 2022, Uswitch launched its free mobile app, Utrack, to help consumers manage their home energy costs. By connecting to their smart meter, users can track their energy usage hourly, get dynamic insights and calculate potential savings with handy tips. 

Uswitch is part of RVU, a global group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.