Energy bills to rise hundreds of pounds to three-year high
Average annual energy bills will rise by £332 in July, more than double the previously anticipated increase, due to high oil and gas prices driven by the war in Iran, trusted forecasters predicted.
A major component within household energy bills is set to rise sharply from next year to help pay for efforts to maintain energy security during the transition to green power.
Households and businesses will have to wait for energy bills to fall significantly because "there's no shortcut" to bringing down prices, the energy minister has told Sky News.
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