Energy price analysis August 2022
Analysis of August 2022 Ofgem price cap and new Cornwall Insight.
- Average low-income family to pay four and a half times more for energy in 2023/24 compared to 2021/22
- Single parents will hand over almost two thirds of their income after housing costs making risk their children will go hungry very real
- Some single adults will see their finances wiped out by stratospheric energy bills that make up almost 120% of their income after housing costs, leaving many destitute