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Energy price analysis July 2022

Analysis of July 2022 Ofgem price cap and new Cornwall Insight.

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The Joseph Rowntree Foundation found low income families will hand over 26% of their income after housing costs in 2023/24 to pay for gas and electricity compared to just 12% two years previously. Middle income families will only use 11% of their income meeting the same costs, a rise from 4%.

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