Stockbroker AJ Bell says a price rise at the start of colder months is the “exact scenario” British households hoped was behind them – particularly pensioners.
Combined with the effects of two years of high inflation, residents are set to spend another winter watching “thermostats like a hawk”, said head of financial analysis Danni Hewson.
Many pensioners, in particular, have already tried all the tricks available to keep bills down and will be left merely hoping temperatures stay mild, she added.
“For many people having to find an extra £149 a year will be akin to pouring fresh salt on healing wounds,” Ms Hewson said.
“For around 10 million older people who are also faced with having to make do without their winter fuel payments, it adds insult to injury.
“Some pensioners will be able to manage, but others will find the winter months particularly tough.”
Energy costs will be £117 below those last Autumn but will still be £675 higher than October 2020.
Discover more from MEZIESBLOG
Subscribe to get the latest posts sent to your email.