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General · 5 hours ago

Why 3.4 million UK homes owe energy suppliers £750 million

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

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