Ofgem has announced that energy bills will increase by 6.4% starting April 1st, marking the third consecutive quarter of rising costs in England, Scotland, and Wales. This rise, attributed to fluctuating wholesale prices dominating international gas markets, illustrates the urgent need for a pivot towards a more sustainable energy system. As energy debts reach record highs and impose stress on families, government officials emphasize their commitment to providing support and investing in clean energy initiatives to enhance energy security.
Ofgem has announced from 1 April energy bills will rise by 6.4% for the third consecutive quarter, due to volatile wholesale prices.
This cost rise highlights the urgent need for investment in a cleaner, homegrown energy system to reduce reliance on volatile international gas markets.
The energy debt crisis is escalating, putting families under stress, which prompts plans to offer households in debt a clean slate.
The Government aims to support families facing rising energy costs while transitioning to a clean energy superpower with domestic energy control.
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