8 practical steps to combat rising prices during cost of living crisis

Soaring energy bills are heaping more hardship on millions of households as a global cost of living crisis puts family budgets under strain.

Experts have warned that energy bills could rise to more than £3,600 a year in the new year, with domestic customers set to see clobbered with £3,358 annual bills from October when the energy price cap rises again.

Analysis from industry body Cornwall Insight has found that average household bills could remain high until 2024, as BP became the latest energy giant to announce soaring profits while families struggle to pay their bills.

Fuel poverty charity National Energy Action (NEA) director of policy and advocacy Peter Smith told i: “We need the government to upgrade the support package for this winter to make sure households do not go cold or fall deeply into debt. That’s the primary step that will help households.”

Meanwhile, families battling rising costs have been advised to try a range of measures that could help save hundreds of pounds on energy bills.

Contact your energy supplier

NEA says the first port of call for people struggling with their energy bills is to contact their supplier.

The company may be able to set up an affordable debt repayment plan or switch customers to a more suitable payment method.

The campaign group predicts the number of UK households in fuel poverty could hit 8.2 million in October – or a third of the country’s total – once the new energy price cap kicks in.

Mr Smith said: “In terms of what households can do themselves when they are worried or struggling, the first step is always to get in touch with your energy supplier.

“If they know you’re having problems, they are required to work with you to find a solution.”

Switch off devices

According to the Energy Saving Trust, which promotes sustainability and energy efficiency,…

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