Sunday, 25 September 2011

UK NEWS

WORSE TO COME AS FUEL POVERTY BITES

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Two price rises in under a year have tipped a further 840,000 households into fuel poverty

Sunday September 25,2011

By Tracey Boles


FUEL poverty is set to spiral next year as energy price rises hit home, the Government has admitted.

More than a quarter of all households, 6.9million, are already classed as “fuel poor” according to price comparisonwebsite uSwitch.

It is defined as when 10 per cent or more of net household income is spent on fuel.

Energy minister Gregory Barker said in a parliamentary written answer that recent price increases will have a larger impact when they feed in to annual fuel bills in 2012.

Two price rises in under a year have tipped a further 840,000 households into fuel poverty.

They typically face an annual bill of £1,293 following an average 21 per cent rise.

Switch found 39 per cent of single working parents are likely to be in fuel poverty.