UK household energy bills could rise by 46pc this year

The average energy bill for a British Gas customer could rise by as much as 46pc this year, market experts warned today.

If oil and wholesale gas prices continue to soar, energy bills could hit


uSwitch made its prediction after British Gas gave a thinly veiled warning that bills would increase further this year. The energy supplier said that wholesale prices will rise 77pc this winter, at 85p a therm compared with 48p a therm last winter.

Historically it has passed on about half of the wholsesale gas price increases, which would mean that customers could be faced with a 39pc increase to their annual energy bills.

Telegraph