New running costs for 27 everyday items if energy bills rise by £500 next month

Ahead of Chancellor Jeremy Hunt’s Spring Budget on March 15, energy experts at Forbes Advisor have looked at how much more running essential and popular household items could cost people from next month - if the UK Government increases the £2,500 Energy Price Guarantee to £3,000 as planned.

Kevin Pratt, energy spokesperson at Forbes Advisor, said: “It’s been a tough winter for households across the UK, even with the Energy Price Guarantee in place and the £400 rebate paid to most households in monthly instalments between October and March. Kevin explained that on their own, some of these increases might not sound a lot, but over a month it soon adds up.

This is when we might also see energy companies reintroduce competitive fixed rate tariffs and encourage customers to switch - this isn’t happening at the moment because there are no deals available below the level of the £,2500 EPG.

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