Energy companies set to make fortune as bills expected to double in the next decade
Research follows the average nine per cent rise in energy bills over the past decade
ENERGY bills are to double in the next ten years, researchers predict.
Analysis of Energy Department data shows that over the past decade the typical gas and electricity bill rose nine per cent a year.
If that continues, costs would more than double by 2025, reaching as much as £2,986 a year.
The Sun has already told how several smaller energy firms have hiked prices and axed the cheapest deals in past weeks.
And we revealed a leaked report from Big Six trade body Energy UK showing that the giants are making profits of as much as £272 on their standard deals.
RELATED STORIES
SWITCH AND CUT COSTS BY £238
THE Sun is giving readers a chance to cut their energy bills by a fifth and save £238 a year.
Our dual-fuel tariff, launched with The Big Deal and supplied by iSupply Energy, is one of the cheapest available.
The deal, fixed for 33 months, will cost just £825 per year on average.
A 12-month £999 deal is available for pre-payment customers — meaning everyone can save.
- The Big Deal receives a commission of £40 for each Sun reader who switches both electricity and gas. The Sun makes no money from the deal.
Read more:
Theresa May urged to force energy companies to give customers their cheapest deals
Energy postcode lottery reveals how your bills could be higher because of where you live
Big Six energy firms charging an average of £312 a year on pre-pay energy meters
Astonishingly, some of the Big Six have now said costs are going up so prices will rise.
But SSE, the UK’s second biggest power firm bragged yesterday it will hold standard tariffs for five months.
Guy Anker, from Money Saving Expert, said: “This may seem good news, but anyone on SSE’s standard tariff is almost certainly already overpaying.”
TWO DAYS TO GRAB GREAT DEAL
BEAT the bill rises and lock in a great deal with the Sun’s People Power energy campaign.
Mum Cheryll Alleyne, 38, from Reading, saved £38 a month.
Now you can save up to £238 a year with our exclusive SupplyEnergy tariff.
And it’s just £999 for pre-pay customers, saving up to £138.
GO to or call 0203 870 2039 to start saving.
Phone lines are open from 9am to 6pm, Monday to Friday.
Answer a few simple questions to learn how much lower bills will be.
Terms and conditions and more information at or call 0203 870 2039Hurry, deals close Monday.