£6k energy bills by April, warn experts

The price you pay for your gas and electricity is set to soar by more than threefold from an already record level, according to a forecast that will worry millions of families.

Energy prices could spike at as much as £6,000 per year for the average household from next April, experts warned.

The cost-of-living crisis is only set to get worse between now and next summer, as consultancy Auxilione predicted the price cap on bills will gradually rise by more than £4,000 in the next eight months.

They said that the cap is expected to reach £3,576 in October, rising to £4,799 in January, and finally hitting £6,089 in April.

The new forecast is an increase of £96 in January and £233 in April compared to the last one.

The cap is currently at £1,971 for the average household in the UK.

Households who consume more than the average pay more for their energy bills.

The forecasts, based on Friday’s gas price, are another major blow for families and will put extra pressure on the Government to act.