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Households to face a £1,200 hit from next April with 2022 set to be the 'year of the squeeze'

MSE_Emily
MSE_Emily Posts: 201 MSE Staff
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Households across the country are set to face an income hit of £1,200 a year due to rising energy prices, tax increases and wage stagnation, according to a report by the think tank Resolution Foundation...

Read the full story here:

Households to face a £1,200 hit from next April with 2022 set to be the 'year of the squeeze'

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Comments

  • I have just heard from Scottish Gas 
    £1278.01
    estimated annual cost

    Based on paying by Direct Debit
    This tariff is £421.10 more than the default tariff - but we’ll keep your rates fixed until 31st July 2023

    If instead I go on to the variable tariff it will be 
    £856.91
    estimated annual cost

    Based on paying by Direct Debit
    Variable~ rate tariff with no end date
    No exit fees

    Can  I just clarify should I do nothing and move on to variable when my current capped contract ends in January  Thanks for your help, sorry I cut and pasted from Scottish gas email 
  • JC1949 said:







    Can  I just clarify should I do nothing and move on to variable when my current capped contract ends in January  Thanks for your help, sorry I cut and pasted from Scottish gas email 
    Yes, that is the collective wisdom; however, expect to be notified of a very large increase in early March 2022.
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