Sometimes, a gas bill is not just a demand for payment – it is a secret weapon. And as millions of British voters see their bills spiral this spring they will find themselves in its crosshairs.
Recently, three more energy supplies went bust – Bulb, Orbit Energy, Entice Energy – bringing the total number of suppliers that have failed to 24 in under 12 weeks. In October, European gas prices were six times higher than a year previously, which means suppliers must pay more for wholesale energy than they can sell it for under the government’s energy price cap. And in the spring, when the government raises the price cap, the few surviving companies will hike their prices to claw back the losses they made over the winter. It is a scary prospect,
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