Energy crisis continues as Britain braces for £4BILLION hike to household bills

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Energy crisis continues as Britain braces for £4BILLION hike to household bills.

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UK households are staring down the barrel of a £4billion hike to energy bills, experts warn.Families face a critical seven-day window to secure cheaper energy deals before the price cap surges by 13 per cent on July 1, according to comparison service Uswitch.com.The increase represents the steepest rise since the energy crisis and will add £221 to annual bills for typical households remaining on standard variable tariffs.More than 18 million homes across the country currently sit on these default rates and stand to be affected by the hike.Collectively, British consumers face an additional £4billion burden if they fail to act before the new cap takes effect next week.Consumers hunting for alternatives can currently choose from 27 fixed tariffs priced below the incoming cap, with the most competitive option delivering savings of £284 annually for an average household.Uswitch has launched a street-level campaign to alert the public, deploying vehicles displaying countdown timers through...

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