Energy Library


Wholesale prices for gas have surged 250% since January - what does this mean for suppliers and consumers?

Households are facing much higher winter energy bills due to a global surge in wholesale power and gas prices.

The costs are also putting pressure on the suppliers - particularly smaller companies - who are unable to pass on the increases to their customers.

Four firms have already folded and there are fears that more could follow.

Business Secretary Kwasi Kwarteng has said "well-rehearsed plans" are in place to ensure consumers were not cut off in the event of further failures... Read More