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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Cost of global energy crisis on households in Great Britain ‘to hit £3,000 by summer’

House shaped radiator on wall
Most households in Great Britain have been paying the maximum allowed under the energy price cap. Photograph: Peter Dazeley/Getty Images

The cost of the global energy crisis caused by Russia’s invasion of Ukraine will reach £3,000 for the average British household by the summer, after another expected increase in bills in April.

The average annual bill in Great Britain under the latest energy price cap is forecast to be about £750 higher than in the pre-invasion winter of 2020-21, a 75% increase, according to calculations by the End Fuel Poverty Coalition, a campaign group. The cumulative toll of the price increases in the last four years comes to £3,033, the group said.

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