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The Independent UK
The Independent UK
National

UK households will pay £2.7bn to cover cost of failed energy suppliers, says NAO

PA Wire

Households will collectively pay an extra £2.7bn to cover the costs of 28 energy suppliers that have gone bust, according to a damning report by the National Audit Office.

It means each household faces paying an average of £94 more on their bills, adding to massive increases resulting from soaring gas and electricty prices and rises to food, fuel and other essentiuals.

Years of failings by energy regulator Ofgem were partly to blame for the bill increases, the NAO found.

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