It's hard to believe but it looks like energy bills are set to rise to an eye watering £1500 a year soon. When we compare that to a couple of years ago it would have seemed impossible energy prices could rise so fast. With budgets already stretched it looks like a lot of people are going to be in an unfortunate Catch-22 situation. They're going to need more money to pay for energy but their wages are going up much slower than the escalating energy costs leaving them with a large hole in their budget. Even switching supplier assuming you haven't already done so isn't going to make a huge difference to the amount your paying that's not to say it isn't worthwhile shopping around for cheaper utilities but with these outrageously high increases nothing short of a lottery win is going to make much difference. The rest of this article what happens when energy bills hit £1500 per year can be found here.
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