British Gas sounds alarm as household energy debt tops £1billion while bills keep rising

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British Gas sounds alarm as household energy debt tops £1billion while bills keep rising.

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British Gas has warned unpaid household energy bills have surged beyond £1billion as families across Britain continue struggling with rising living costs and higher utility prices.Centrica, the parent company of British Gas, revealed residential customer debt climbed to £1.04billion over the past year, rising sharply from £799million during the same period 12 months earlier.The figures come amid growing concern that Britain's energy debt crisis is worsening at pace.Energy UK, the industry trade body, warned earlier this year that at least two million households could struggle to pay their gas and electricity bills by December.

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TRENDING Stories Videos Your Say The organisation's February analysis estimated that total household energy debt across all suppliers could rise from £5.5billion to around £7billion by the end of the year.Just four years ago, residential energy arrears across the industry stood at approximately £1.2billion.Analysts warned the pressure on household finances is...

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