Fife homes face £3500 energy bills this autumn, new data warns
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Ofgem, the UK's energy regulator, announced last week that it will increase the energy price cap from October 1.
It means the maximum price a supplier can charge for electricity will rise on average from 28p per kilowatt-hour (kWh) to 52p per kWh, while gas will increase from 7p to 15p per kWh.
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Hide AdIncluding standing charges, it means the average household's energy costs on a variable tariff in the UK will increase by 80% – from £1,971 to £3,549 per year.
Energy charity National Energy Action said millions now face a "big freeze" and urged the Government to act immediately to provide greater support ahead of the winter.
Department for Business, Energy and Industrial Strategy figures show the average household in Fife used a median amount of around 2,687.3 kWh of electricity and 12,780.93 kWh of gas in 2020.
A kWh is the amount of energy required to provide one kilowatt of power for one hour and the median – the middle number in a series – is used to ensure the figures are not skewed by extreme highs or lows.
One kWh would run an average oven for around 30 minutes.
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Hide AdAt current prices, it means the average household on a variable tariff in the area would be paying around £1,910 per year.
When the price cap increases in October, this will soar to approximately £3,580.
Households on a fixed tariff will pay for energy at their current rate until the term comes to an end.
Adam Scorer, chief executive of the NEA, said: "Without bold action to support the most vulnerable and those on the lowest incomes, this will effectively prise their fingers from the cliff edge and push them over the precipice,"
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Hide Ad"The Government needs to immediately upgrade the household support package it first announced back in May.
"Households need money in their pockets to weather this storm or we are going to see millions in dangerously cold homes, suffering in misery with unimaginable debt and ill health."