45 million people face being plunged into fuel poverty this winter, study finds

Soaring prices mean millions will be unable to afford to pay their energy bills this winter.

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This winter, 45 million individuals are expected to be plunged into fuel poverty and struggle to pay their energy bills.

By January, 18 million families, or two-thirds of all UK homes, will find themselves in a dangerous financial situation as a result of rising inflation, which is already at a 40-year high.

According to a study on fuel poverty conducted by the University of York, Northern Ireland will be the area hardest hit, with 76.3% of families having trouble making ends meet.

Scotland will be a close second at 72.8%, followed by the West Midlands (70.9%), Yorkshire and the Humber (70.6%).

According to The Guardian’s findings, 86.4% of couples who are pensioners will experience fuel poverty.

90.4% of the burden will fall on households with a single parent and two more children.

In response to the study, Ed Miliband, Labour’s Shadow Secretary of State for Climate Change and Net Zero, demanded a freeze on energy prices to deal with the “national emergency” of inflation.

The Labour MP stated on Twitter that these startling statistics demonstrate the scope of the potential national emergency if the Conservative administration does not take action to freeze energy prices.

“We simply cannot allow the British people to suffer in this way”, he argued. “We need an energy price freeze.”

It was similar to Sir Keir Starmer, the leader of Labour, who proposed on Monday to freeze the energy price cap at £1,971 for six months starting in October, saving the typical home around £1,000.

As a result of new data showing a worse-than-anticipated hit in July, when the Consumer Prices Index inflation (CPI) reached 10.1%, the cost-of-living crisis was propelled further up the agenda in the Conservative leadership competition.

The resignation of Ofgem head Christine Farnish on Wednesday increased the pressure on the Conservative candidates and government.

Christine Farnish voiced worries that the energy regulator was not doing enough to help struggling households in her letter of resignation.

The watchdog had not “struck the right balance between the interests of consumers and the interests of suppliers,” Ms. Farnish told The Times.

Recently, the energy regulator has come under fire for not doing enough to safeguard households during the world energy crisis.

It is believed that Ms. Farnish’s resignation is related to Ofgem’s choice to modify the price cap formula so that suppliers could recoup some of the high energy “backwardation” costs more quickly.

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