Shocked pensioners are reacting with fury as shock energy price predictions say that the average energy bill could be in fact higher than the basic state pension payment each month.
This revelation will leave millions of the UK's oldest residents in fear of using any gas or electricity, as bills continue to soar higher and higher. Those on the lowest incomes are in urgent need of support now, or face misery and destitution.
This comes after energy consultancy, Auxilione predict that Ofgem's energy price cap will hit £7,700 from April 2023.
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The Express reports that the ongoing war in Ukraine, hand in hand with global energy shortages mean that prices are set to soar to terrifying new heights. On Friday, Ofgem announced that the price cap would increase from £1,971 to £3,549 for the average household come October 1.
If correct in their estimates, Auxilione say that the incoming cap could more than double after the turn of the year. Currently, the basic State Pension pays just £141.85 per week to those who retired before April 6, 2016 - a figure that accrues to £7,376.20 a year for those who qualify for the full amount.
Some will additionally get extra State Pension on top.
Incredibly, this is less than the average predicted energy bill should the price cap reach it's estimated heights in April 2023 - and it will leave nothing for basic fundamentals such as eating, council tax and water.
Amid widespread anger, a handful of pensioners have called upon their generation to revive the Blitz spirit that saw them through the Second World War and other crises. Express reader, AntiEU, wrote: “We had inflation at 25% in 1975 due to oil crisis and when I bought a house in 1980 it was 18% and we are all still here. What we have now is nothing to panic about.”
However, as energy bills continue to skyrocket, and the Conservative Party's Leadership crisis deepens by the day - panic is growing among many concerns UK residents.
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