The average British household will be paying more than £3,300 a year to keep lights and heating on, a forecaster has predicted UK consumers will soon be paying an average of more than £3,300 annually in household energy costs, a 71% increase from the record-high utility rates they’re currently incurring, as wholesale natural gas prices soar amid anti-Russia sanctions over the Ukraine crisis, a research firm has predicted. The energy price cap set by regulator Ofgem will jump to £3,363 a year (just over $4,000) for the average household by January from the current level of £1,971, according to the latest projection
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