{"id":241727,"date":"2023-11-25T00:57:49","date_gmt":"2023-11-25T00:57:49","guid":{"rendered":"https:\/\/lovemainstream.com\/?p=241727"},"modified":"2023-11-25T00:57:49","modified_gmt":"2023-11-25T00:57:49","slug":"the-highest-energy-bills-on-record-will-cost-lives-this-winter","status":"publish","type":"post","link":"https:\/\/lovemainstream.com\/world-news\/the-highest-energy-bills-on-record-will-cost-lives-this-winter\/","title":{"rendered":"The highest energy bills on record will &apos;cost lives&apos; this winter"},"content":{"rendered":"<h1>The highest energy bills on record will &#8216;cost lives&#8217; this winter, campaigners warn as Ofgem announces a 5% rise in the price cap<\/h1>\n<ul>\n<li><strong>British Gas reported profits of \u00a3969 million for the first six months of 2023\u00a0<\/strong><\/li>\n<\/ul>\n<p>Millions face the highest energy bills on record this winter, triggering warnings that it will &#8216;cost lives&#8217;.<\/p>\n<p>Industry watchdog Ofgem yesterday announced a 5 per cent rise in the energy price cap from January 1, increasing the average annual bill by \u00a394 to \u00a31,928.<\/p>\n<p>Experts say millions will effectively be paying \u00a346 more for the January-March period than last year after the Government withdrew measures to help households with bills.\u00a0<\/p>\n<p>Richard Neudegg, of price comparison website Uswitch.com, said: &#8216;This rate increase will bite during the coldest period of the year when households need to use the most energy. Energy bills are likely to be the highest they&#8217;ve ever been for most homes this winter.&#8217;<\/p>\n<p>He pointed out that, unlike last winter, high tariffs are not being offset by the Energy Bill Support Scheme, which gave households a \u00a367 monthly discount on their bills.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/23\/21\/78175077-0-image-a-35_1700773653452.jpg\" height=\"453\" width=\"634\"><\/p>\n<p>Industry watchdog Ofgem yesterday announced a 5 per cent rise in the energy price cap from January 1, increasing the average annual bill by \u00a394 to \u00a31,928 (Stock Image)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/11\/23\/22\/78175091-12785425-Experts_say_millions_will_effectively_be_paying_46_more_for_the_-a-1_1700777073523.jpg\" height=\"425\" width=\"634\"><\/p>\n<p>Experts say millions will effectively be paying \u00a346 more for the January-March period than last year after the Government withdrew measures to help households with bills\u00a0(Stock Image)<\/p>\n<p>But energy giants are continuing to post huge profits as consumers struggle with costs. British Gas reported profits of \u00a3969 million for the first six months of 2023, up almost 900 per cent from \u00a398 million in the same period last year.<\/p>\n<p>Fi Waters, of the Warm This Winter campaign, said: &#8216;The price cap rising again in January is yet another kick in the teeth to ordinary people, particularly as in the last few weeks we&#8217;ve seen energy companies lining up to announce hundreds of millions of pounds worth of profits.&#8217;<\/p>\n<p>She added: &#8216;It&#8217;s clear our energy system is broken.\u00a0The relentless roll call of obscene profits, and now a hike in energy bills in the new year, is not only hugely unfair, it&#8217;s costing lives, damaging health and wasting money as our reliance on fossil fuels is keeping bills sky high.&#8217;<\/p>\n<p>Emily Seymour, the energy editor of Which?, said it was &#8216;disappointing&#8217; that Chancellor Jeremy Hunt did not announce any new energy bill support in the Autumn Statement.<\/p>\n<p>The consumer group, charities and industry leaders have been lobbying ministers for the introduction of a cheaper social tariff on energy bills to help the poorest and most vulnerable.<\/p>\n<p>Ms Seymour said: &#8216;A properly targeted social tariff is desperately needed to ensure the most financially vulnerable are able to heat their homes.&#8217;<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-12785425\/highest-energy-bills-winter-campaigners-warning-ofgem-rise-price-cap.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The highest energy bills on record will &#8216;cost lives&#8217; this winter, campaigners warn as Ofgem announces a 5% rise in the price cap British Gas reported profits of \u00a3969 million&hellip;<\/p>\n","protected":false},"author":2,"featured_media":241726,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The highest energy bills on record will &amp;apos;cost lives&amp;apos; this winter - lovemainstream.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lovemainstream.com\/world-news\/the-highest-energy-bills-on-record-will-cost-lives-this-winter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The highest energy bills on record will &amp;apos;cost lives&amp;apos; 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