Energy Bills Steal the Show – 6 Million Households On the Edge
Just when you thought the price cap drop was the silver lining, the National Debtline has issued a red‑flag: over 6 million people are tussling with their energy bills. Meanwhile Ofgem’s numbers show that customer bad debt has spiked to a hefty £3.1 billion.
What the Numbers Actually Say
- Price cap fell, saving a bit of cash for many.
- But the energy bill string pulls still go heavy for most.
- Bad debt jumped 50 % last year, climbing from £2 billion to £3 billion.
But Wait, Is It All Bad News?
Steve Vaid, the chief executive of the Money Advice Trust (which runs the National Debtline), is clearly not buying the “everything has gone better” narrative. He says:
“The price cap easing is a sigh of relief, but our data shows that the majority of households still feel the crunch. The numbers of arrears have ballooned, and more people are stuck in a debt spiral.
“We’re calling for a Help to Repay scheme—something that gives people a clear exit route from energetic debt.”
Our advisers from the Debtline aren’t just on standby; they’re ready to scoop anyone up for a quick chat and help figure out the next moves.
Ofgem’s Take‑Away
Tim Jarvis, director‑general of markets at Ofgem, told the Energy Security and Net Zero Committee that the debt situation has worsened substantially. He explains: “More people are slipping into debt and the overall debt amounts are getting larger. The stack of unpaid bills is getting higher and higher.”
Bottom Line
If you’re feeling the heat of energy bills or worrying about finances in general, reach out to the National Debtline right now. Their advisers are standing by, ready to bend the curve and guide you toward a less stressful future.
