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Average energy bill set to hit £200 in January

Experts are predicting that the average energy bill in the UK will hit a record £200 in January with thermostats turned up and central heating switched on for longer. This is the price of the cold snap which the UK is currently going through and is set to hit the older generation much harder.

When you also consider that there is serious concern about the supply of gas to the UK, let alone the price of gas, the next few months could be very expensive for both UK businesses and consumers. While the government has promised to help those in need there are fears that the funding required will be too slow in coming forward. Unfortunately it is likely we will see fatalities over the next few weeks due directly to the cost of energy in the UK and the bitterly cold weather.

Over the last 20 years there has been a massive increase in the cost of energy in the UK and unfortunately due to a mixture of rising wholesale prices and the government's determination to "go green" it seems that consumers will see prices rise for some time to come. However, with an election just around the corner could we see the UK government push out emergency payments to those struggling, in order to curry favour with voters.

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