Energy price cap rise will ‘hammer households even harder’ this year, union body warns
The leading trade union body has slammed government policy for benefiting corporate profiteering at the expense of household bills, leading renewed calls to nationalise the energy sector after the 5% energy price cap rise.
Households will be ‘hammered even harder’ in 2024 the Trades Union Congress (TUC) has said, as the Ofgem price cap rise came into effect from January 1, which will see households across the country face a 5% increase in their energy bill.
It has led to further warnings from charities about struggling households facing another cold start to the year and renewed calls for government support to help households struggling with their energy bills.
“No one should struggle to get by in one of the richest countries in the world,” said TUC General Secretary Paul Nowak.
“But 13 years of wage stagnation and cuts to social security have left millions badly exposed to sky-high bills this winter.”
With energy bills already 50% higher than two years ago, Nowak said the price cap rise will only “hammer households even harder in the coming year”.
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Warm This Winter, a coalition of 50 leading UK charities, warned of the effects the government’s inaction at tackling the energy crisis will have across services.
“Failure to avert this cold homes crisis will lead to pressure on the NHS, a mental health catastrophe and additional winter deaths caused by living in cold damp homes,” said Fiona Waters, Warm This Winter spokesperson.
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