Energy bills set to eat up 10% of average salary as government support ebbs

Chancellor urged to end ‘Britain’s living-standards nightmare’

Ofgem’s price cap is currently set at £4,279 per year for the average household (PA Wire)

Energy bills will account for up to 10 per cent of the average salary from April, new research from the TUC suggests, as analysts warned that households won’t see the benefit of falling wholesale prices until at least July.

The TUC said its analysis had found that the average energy bill will rise to £250 a month, more than double the amount workers were paying a year ago. The union organisation called on the government to set up a public energy company to lower bills, saying that workers on low pay are being hit the hardest.

A full-time minimum-wage worker will face bills worth 16 per cent of their monthly salary when the price cap is raised in April – up from 8 per cent in March 2022, said the TUC.