
UK Energy Debt Reaches Record High Ahead of Price Cap Increase
Energy debt in the UK has reached a record £4.79 billion, coinciding with an impending 13% increase in the energy price cap. Consumers are advised on ways to save money on their energy bills as debts continue to rise.
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How you can save money on your energy bill as debts rise
Experts say support is available as total debt and arrears to suppliers hit a new record.
Read full article →Energy debt reaches record £4.79 billion ahead of 13% price cap jump
The number of accounts repaying debt has increased by 3% for electricity – to 852,000 – and by 4% for gas – to 710,000, the regulator said.
By Josie Clarke
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