Prime Minister Liz Truss recently announced that the typical UK household will pay no more than £2,500 a year for energy for the next two years from October 1 as the UK Government responds to soaring gas and electricity prices. However, a new survey suggests that the majority of UK billpayers are only left with up to £300 a month after paying essential outgoings.
The findings come from global heating company, Viessmann, who surveyed 1,000 people across the UK to determine what impact the ongoing cost of living crisis is having on different aspects of their lives. Without the government’s intervention, the average household energy bill would have jumped 80 per cent from the start of October, to £3,549 from the current £1,971.
Viessmann’s study found that fewer than one in five respondents (19%) have only £100-£200 left after paying their bills. It also discovered that 16 per cent have between £200-£300 and a further 16 per cent are left with just £50-£100 of disposable income to live on until their next pay cheque.