Aug 23, 2024, 3:22 PM
Aug 23, 2024, 3:22 PM

British Gas sends message to millions of customers

Highlights
  • British Gas sends message to millions of customers regarding a price hike.
  • The price hike will impact millions of homes in the United Kingdom.
  • However, British Gas provides its customers with a way to avoid the energy price cap rise.
Story

British Gas has alerted its customers to an impending increase in energy bills, effective October, as households across the UK face rising living costs. The energy provider has advised customers to secure fixed tariffs below the new energy price cap, which will rise by £149, according to Ofgem's latest announcement. This increase is expected to impact millions of homes, prompting British Gas to emphasize the importance of taking action now to mitigate the financial burden. Ofgem's chief executive, Jonathan Brearley, expressed concern over the price cap rise, acknowledging the difficulties it will pose for many households. He urged those struggling to pay their bills to explore available benefits, such as pension credit, and to reach out to their energy suppliers for assistance. The message highlights the urgency for consumers to be proactive in managing their energy costs amid the challenging economic climate. In response to the crisis, the government is focusing on enhancing energy independence through the promotion of clean, homegrown power. Measures include lifting the ban on onshore wind projects, accelerating solar power initiatives, and allocating a record budget for renewable energy auctions. These steps aim to provide long-term solutions to reduce energy bills and support consumers. Additionally, the government plans to reform the energy regulator to better advocate for consumers, ensure fairer standing charges, and implement a comprehensive Warm Homes Plan to help families save on energy costs.

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