The energy boss has claimed that a lot of customers are not able to comprehend the reason behind the high standing charges.
The burden of about half of the electricity costs faced by UK businesses would have to be covered by taxpayers this winter.
Experts are anticipating that the cost of the energy bills rescue package would go up to £150bn.
While leaders in Europe are stepping up with their plans to tackle the ongoing energy crisis, the wholesale gas prices have started going down.
Highlights:,Soaring fuel prices are likely to push a significant chunk of UK households into fuel poverty by January, a new study has revealed.,About 18 million families will plunge into financial precariousness, the study warned.,With,inflation,hitting a...
UK households are set to face a higher energy price cap in October.
UK households have been facing soaring energy bills over the past months, and the situation is aggravating further.
Rising energy bills have contributed significantly towards the escalating cost of living crisis in the UK.
Highlights:,While soaring bills are troubling Brits, they have boosted the profits of energy firms.,Shell and Centrica reported their results on Thursday, announcing huge gains.,Millions of Brits are troubled by the soaring,energy,and fuel bills. The Russ...
UK households have been warned that energy bills may escalate further over coming months.