Millions of households in England, Scotland, and Wales face an 80% increase in their energy costs in October, taking a typical bill to £3,549 a year. Meaning that starting next month, a typical household would see a monthly energy bill of nearly £300 a month. This decision was announced by the energy regulator, Ofgem, on 26 August 2022.
The state agency ascribed the decision to the constant increased global gas prices, after the lifting of Covid-19 lockdowns and interruptions of Russian supplies due to the Ukraine conflict. Charities and experts have warned there are “lives at risk” unless the government does more to help households struggling to pay soaring energy bills.
Anne Southgate, the 38-year-old single mum from Manchester, says the thought of her bills rising by so much this winter is taking its toll on her mental health. Anne is a single mum and full-time student; she's taken on a part-time job to try to make ends meet. "I have to keep fighting back the tears, I don't want the children to see that," "We're going to have to spend more time together in one room, I don't really know what more I can physically do."
Moreover, one of the factors causing economic blackouts was the war in Russia. Russia is one of the countries that provide from food to necessary energy in the world. The possible impact of this incident is the emergence of a green energy revolution but with higher energy prices.