energy prices
Energy bills set to surpass £6,500 in April in most frightening forecast yet

Energy bills set to surpass £6,500 in April in most frightening forecast yet

Gas prices soared on Monday, prompting even higher price cap forecasts The energy price cap could soar to more than £6,500 next spring, according to the latest forecast for household bills. After a spike in gas prices on Monday, consultancy Auxilione has suggested that regulator Ofgem’s price cap could rise to £6,552 in April 2023. […]

3 years ago

Britain could be plunged into darkness in January as government considers winter blackout plans

Britain could be plunged into darkness in January as government considers winter blackout plans

Plans for 1970s-style power outages are being drawn up by officials Cold weather and gas shortages could force the rationing of electricity in January. A new ‘reasonable worst-case scenario’ envisages a 4-day power shortfall, with industry and even households facing planned power outages for the first time in 50 years. Under that outlook, below-average temperatures […]

3 years ago

BP reports second highest profits in its history as energy bills rocket

BP reports second highest profits in its history as energy bills rocket

BP has now made almost $15bn in profits this year BP has reported huge profits for the second quarter of 2022, as energy bills are predicted to rise by even more for millions across the UK this winter. The energy company made $8.45bn (£6.95bn) in underlying profits for the second quarter of this year, more […]

3 years ago

energy prices | Joe.co.uk