Over six million UK households owe money on energy bills as the cost of living crisis means nearly a quarter of customers face a battle to pay off rising energy bills. The average household that is in energy debt owes an average of £188 with the number of households in debt to their energy supplier rising by half in the last year, according to research by USwitch.
It means six million bill-payers face higher prices and a debt to pay off, with more price hikes promised in November as the cost of living crisis hits households across the UK. Nearly two in five households (38%) are in credit with their supplier, a decrease of almost a fifth (18%) compared to last year and the total credit across the UK is £500 million lower than this time last year.
Octopus Energy customers are the most likely to be in debit with 33% of householders owing money on their energy bills. A total of 25% of Scottish Power and Eon customers are in debit, while 22% of OVO customers owe money. SSE is 18% and British Gas and EDF have 16% of customers in debit.