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Why are UK energy bills rising and what does it mean for households?
The UK's energy price cap is set to increase by 10%, raising average household bills by £149. This rise is attributed to ongoing economic pressures and the withdrawal of winter fuel payments for many pensioners. Households may face challenges in affording heating this winter, particularly those already struggling with rising living costs.
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How will the increase in energy prices affect pensioners?
Pensioners are particularly vulnerable to the rise in energy prices, especially since many have lost their winter fuel payments. This financial strain could lead to nearly 1.7 million households going without heating this winter, as they may prioritize other essential expenses over energy costs.
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What measures are being taken to help those struggling with energy costs?
In response to the rising energy costs, the Scottish Government is advocating for a social tariff aimed at supporting those in extreme fuel poverty. This initiative seeks to create a fairer energy pricing model across the UK, providing relief to vulnerable households facing financial difficulties.
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What is the energy price cap and how does it affect my bills?
The energy price cap is a limit set by the government on the amount energy suppliers can charge customers on standard variable tariffs. When the cap increases, as it will in October, it directly affects the amount households pay for their energy, leading to higher bills.
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Are there any government programs to assist with rising energy costs?
While the UK government has withdrawn winter fuel payments for many pensioners, there are still various programs and initiatives aimed at assisting those in need. It's important for households to explore available support options, including local assistance programs and energy efficiency grants.