https://morningstaronline.co.uk/article/household-energy-debt-soars-ps443-billion
HOUSEHOLD energy debt has soared to £4.43 billion, leaving hundreds of thousands trapped in arrears, new figures revealed today.
Figures from Ofgem show that energy debt has more than tripled since the end of 2020, when the figure stood at £1.45bn.
The regulator reported that there are currently 1,133,683 electricity customers and 926,545 gas customers in debt without any repayment arrangement in place.
The debt is leaving households facing up to an extra £145 a year on their bills to cover the collective shortfall.
End Fuel Poverty Coalition co-ordinator Simon Francis said: “Energy debt is now driving people into dangerous financial positions as we approach the fifth winter of the energy bills crisis.
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A new analysis by think tank Common Wealth shows that 24 per cent of the average energy bill went towards pre-tax profits by the energy industry.
Robert Palmer, deputy director of Uplift, said: “Yet again while shareholders are celebrating rising prices and huge profits, people are facing stark choices of how to ration their energy.
“Only by supporting struggling households now, improving energy efficiency and getting us off expensive gas through homegrown renewable energy will ministers be able to get a grip on the situation.”
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https://morningstaronline.co.uk/article/household-energy-debt-soars-ps443-billion
