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Manchester Evening News
Manchester Evening News
National
Alexander Brock

Cost of living: How your energy bills are calculated and why they've gone up

With households across the country being financially squeezed from every direction, the rise in energy bills are a cause for concern for thousands of families. The beginning of the month brought uneasiness for many as the increase in the energy price cap - the maximum companies are allowed to charge - increased the cost of the fuel and the standing charge users pay every day

Amid warnings of a further jump later this year in October, energy bosses have called for more Government support for households facing a 'truly horrific' winter. Michael Lewis, chief executive of E.ON, warned that up to 40 per cent of households could be in fuel poverty by the end of the year.

He also recently told MPs his firm was 'expecting a severe impact on customers' ability to pay,' adding that he expected debts of customers to rise by 50 per cent - or £800m. Around one in 10 per cent of UK households are reportedly suffering from fuel poverty at the moment.

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