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Energy price analysis March 2022

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

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JRF Staff Portraits
Date published:

The analysis shows the impact of rising energy costs on household budgets. It finds that once housing costs are paid, even with the support package announced last month:

  • £1 in every £5 from low-income family budgets could go on energy costs this year
  • Single adults on low incomes could spend a shocking 49% of their incomes on energy
  • The average low-income family faces an extra £850 on their annual energy bill