A consumer watchdog has warned that if the government doesn't increase the energy bill discount it could risk pushing millions of households into financial uncertainty.
Which? claimed that the government's financial package must increase from the current £400 to £1,000 - or from £67 to £167 per month - from October to March due to predictions that energy costs will soon skyrocket. It adds that the current financial support is not enough to protect living standards for households with the lowest incomes.
Initially, when the government introduced its financial package in May, the energy price cap was predicted to reach around £2,800 in October. However, analysts such as Cornwall Insight predict the average annual energy bill could shoot to £3,554 in October and further increase to £4,650 in January.
