British household energy debt highest ever – regulator ...News

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British household energy debt highest ever – regulator
source : Russia Today ( News ) () 51
The total volume has hit almost £3 billion, according to Ofgem British households have piled up record debts of almost £3 billion ($3.8 billion) with electricity and gas suppliers, national energy regulator Ofgem has revealed. The total amount owed to energy suppliers has soared by £400 million since mid-October, according to a report released on Friday. It is now at its highest ever level due to a combination of sustained high wholesale energy prices and wider cost of living pressures, which have led to unpaid energy bills, the regulator said. As part of a plan to protect the energy market and consumers from the

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