General · 5 hours ago
Why 3.4 million UK homes owe energy suppliers £750 million
Photo by Sasun Bughdaryan on Unsplash
Around 3.4 million homes, nearly one in eight, owe their supplier a combined £750 million, roughly £220 each. Only 12% of those in debt say they've been helped onto a repayment plan, according to a survey by Uswitch. Ofgem, the energy watchdog, raised its price cap 3.6% to £1,723 on 1 October.
Reported by Independent · How we write briefs
