The energy crisis could expose energy suppliers to around £1.9 billion of debt, much of which would be unrecoverable, according to a new report from Cornwall Insight and Complete Strategy.
With the government’s Energy Bill Relief Scheme set to end in March, the price of charging an EV on a public network could be "significantly more expensive" in comparison to filling a petrol or diesel car, Cornwall Insight has indicated.
Citizens Advice has found that digitally disadvantaged consumers are at much higher risk of loyalty penalties and could be left behind by service changes in the energy market.
Cornwall Insight has identified via the latest Default Tariff Cap forecasts for April to June 2023 that the average consumer is predicted to pay £3,702 from April as opposed to the previously projected £4,255.