Experts at Cornwall Insights predict a substantial increase in energy prices, warning households to brace for a rise from £1,568 to £1,714 beginning 1 October.
Craig Lowrey from Cornwall Insight highlights the unpredictable energy market, stating that despite hopes for a return to pre-crisis prices, volatility remains, influenced by external supply factors.
Jess Ralston emphasizes the urgent need for advancements in energy efficiency and alternatives to gas, which continues to burden households in this volatile market.
With the phasing out of the winter fuel payment for some pensioners coinciding with escalating bills, vulnerable groups are expected to face significant financial challenges this winter.
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