The North East - as well as many other parts of the UK - has this week been hit by plummeting snow and vast temperature drops as Christmas fast approaches. And while December can be an extremely costly months through gift giving traditions, many will be feeling an extra squeeze this year through the ongoing cost of living crisis, impacting energy bills and food costs alike.
With energy prices in particular continuing to skyrocket, while temperatures continue to drop, energy suppliers across the UK have been forced to share updated advice to billpayers struggling to make ends meet.
January 2023's energy price cap as set out by regulatory body Ofgem is set to rise to an eye-watering £4,279 - based on average household consumption on a basic supplier tariff. The increase will see a price rise of £356.58 - which is almost £200 more than the average monthly cost this time in 2021.
