Home Property Household energy debt hits record levels with millions ‘living in cold and damp homes’

Household energy debt hits record levels with millions ‘living in cold and damp homes’

by LLP Finance Reporter
15th Feb 24 12:57 pm

Official figures have revealed that more than 3 million low-income households are struggling to pay their energy bills.

Data from the Department for Energy Security and Net Zero official statistics has said that 13% of households were in fuel poverty in 2023.

Simon Francis, co-ordinator of the End Fuel Poverty Coalition, said, “The numbers of households paying more than 10% of their income on energy is truly shocking, far exceeding previous estimates.

“The reality is that household energy debt is now at record levels, millions of people are living in cold, damp homes and children are suffering in mouldy conditions.

“The wider impact of high energy bills is also clear to see with households having to cut back on spending so much that the UK has now entered a recession.”

Greenpeace UK climate campaigner Georgia Whitaker said: “Progress on tackling fuel poverty is flatlining, despite the ongoing energy crisis, which has forced those on the lowest incomes to freeze in their own homes.

“The cheapest and most effective way to help is to insulate homes, but Government funding for energy efficiency schemes was pushed off a cliff edge by ministers over a decade ago.”

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