Around 10 million UK households are likely to be unable to afford heating next winter due to high prices gas higher.
Scottish Electricity CEO Keith Anderson told the Daily Mail that with gas prices skyrocketing after the conflict in Ukraine and orders punish Russia In the West, household energy bills could rise to £2,900 ($3,576) in October. With around 10 million UK households potentially unable to afford heating, Mr. Anderson urged government set up support program.
According to Mr Anderson, UK household electricity and gas bills rose by £700 between October last year and April this year, and that increase is expected to continue even faster.
“It will have an extremely severe and immediate impact. If nothing else happens between now and October, I think the number of customers who disconnect themselves from the meter will increase significantly because they can’t afford it” – CEO of the company that provides electricity to the regions in Scotland, England and Wales.
In addition, according to Mr. Anderson, the debts of direct debit customers will increase sharply and the number of people being switched from direct debit to prepayment so that companies can collect debts will also increase sharply. “We’re headed to a really terrible place that none of us want to go to,” Anderson said.
Although the Scottish Electricity Company owns and operates two wind farms, much of the UK’s energy comes from oil, gas and coal. Only a fifth of the UK’s energy comes from low-carbon sources, including wind, solar and nuclear power.
Mr. Anderson attributed the spike in household costs to a spike in wholesale gas prices worldwide, as the Russian-Ukrainian conflict worsened. The UK has also voluntarily cut off its imports of Russian oil and gas, and leaders in Europe are also working towards a gradual reduction in imports. Russian oil and gas.
The Scottish Power Company chief called on lawmakers to set up a support scheme for struggling households. Consumers received a £150 ($185) tax break this month and will be offered a £200 loan ($246) in October. However, “consumer groups and leaders will be offered a loan of £200 ($246).” industry leader” is quoted by the Daily Mail as saying this will not be enough to “protect millions of people from the choice between heating and eating”.
Some have sought alternative heat sources, with dire results. The London Fire Brigade (LFB) said on Monday it had responded to 100 fires fueled by wood heating in recent months. “We are concerned that costly energy bills could lead to fires breaking out as people use alternative means to heat their homes,” the LFB warned in a statement.
Next gasoline pricesThe cost of food, clothing and transport has increased across the UK. The Bank of England warned last week that inflation would soon hit 10%. Andy Haldane, the bank’s former chief economist, told LBC on May 9 that number is likely to rise and the inflation spike “will last into the year, into the next year or even the year after”.