Around one in eight people think energy bills will go down this winter, while most underestimate the massive price rises that are likely to come in October and at the start of 2023.
New research from Opinium on behalf of Uswitch found that families believe their household gas and electricity bills will go up by £487 from the start of October. However, the latest forecast from industry analysts suggests that household bills will rise by around £1,600 to over £3,600.
More than a quarter of households said they did not know what is likely to happen to the price cap on energy bills, according to the research commissioned by Uswitch. Meanwhile 12 per cent said that they think it will decrease this winter and only around one in 13 people (8%) thought that bills will go up by more than £1,500 – which is what experts predict.
