Record energy costs and a global skyrocket in the cost of living will push many people into financial hardship this winter.
Thousands more will be plunged into fuel poverty and middle-income families will feel the effects as well.
Household bills will rise this month with the entry into force of a higher energy price cap, set by energy regulator Ofgem.
But it is essential that our readers understand that they are not alone. As we did during the coronavirus pandemic, we intend to be by your side again.
Today we are launching our Here With You This Winter campaign to recognize the financial challenges you face, raise awareness and offer support during the cold winter months.
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Activists from a range of organizations have warned that energy poverty could become endemic in Britain as energy suppliers retreat, pushing customers to higher tariffs and the country continues to recover from the Covid pandemic.
Simon Francis, End Fuel Poverty Coalition, said: âThe latest increase in wholesale (energy) prices means we face the possibility that more households are facing fuel poverty than ever before. “
Add to that the combination of the rising cost of living, the end of the Â£ 20 universal credit hike, an increase in the cost of essential purchases, and an increase in the price of filling your car. , we know there is widespread concern.
As part of our awareness campaign, we are committed to:
- Profile of charities and organizations you can turn to for practical advice
- Offer solutions to reduce energy costs and become fuel efficient
- Post expert advice on how and when to switch providers
- Report essential services nationwide
- Reveal tips to instantly reduce fuel consumption
- Help you budget for Christmas and get expert advice on family financial planning throughout the year
- Keep you up to date with available government or local government grants and support
- Bring you the best money-saving tips for everything from maintaining your home, car and reducing your weekly shopping bill
We will not dwell on the things we cannot change, but will offer solutions and profile those who have faced challenges and have come through the other end.
If Covid has taught us anything, it’s that our power is to bring people together, using our special place in the community to ensure that vulnerable or struggling members of our communities have a place to turn.
What is fuel poverty?
Three factors make it possible to measure whether or not a household is classified in a situation of fuel poverty.
These are the price of fuel, household income and energy efficiency.
Despite the caps set by the energy market regulator Ofgem, rising fuel costs can have an impact on low-income families.
Low-income households are likely to spend a higher percentage of their budget on fuel, and therefore any remaining income is low enough to push the family below the cut-off.
If homes are not using energy efficiently, there is a greater chance that energy will be wasted and these households will spend more on keeping their homes warm.
Here to help
Are you struggling with your bills and don’t know who to turn to?
There is a lot of support out there if you are looking in the right place.
There are many local organizations and support groups offering advice. We will profile them throughout the campaign.
Here are a few websites worth checking out: