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Today in Focus

How to cope with rising energy bills

Today in Focus

The Guardian

Daily News, News

4.65.7K Ratings

🗓️ 31 August 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Rupert Jones reports on the energy price cap and what options we have as energy bills go up. Help support our independent journalism at theguardian.com/infocus

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Guardian.

0:08.7

Today, a winter fuel crisis is coming.

0:12.4

What can you do to help protect yourself?

0:22.8

When you read headlines about the cost of living crisis,

0:25.6

about how much energy bills are going to go up this winter

0:28.5

on top of how much food and fuel prices have risen,

0:32.4

it can be difficult to comprehend.

0:34.8

What it means for you as an individual, for your costs as a family,

0:38.9

and what it'll do to our society.

0:41.8

In the UK gas prices have spiked, there are warnings of an energy crumbling.

0:46.4

There is no good way of putting this.

0:48.0

Now we all know energy bills are set to rise again,

0:50.7

with one charity saying the news will strike terror into the hearts of millions.

0:55.6

From the first of October, the cap on energy prices,

0:58.8

that's the maximum someone on a standard energy tariff will pay,

1:02.7

is going up from around £1,100 a year to more than £3,500.

1:10.0

A study by the University of York estimates that two-thirds of people will be forced into fuel

1:15.2

poverty this winter.

1:17.2

And now experts at the Investment Bank Goldman Sachs are warning that inflation

1:22.4

could go beyond 20% next year.

1:26.5

And though the government has announced some financial help,

1:29.3

it's becoming increasingly clear that people will need much, much more.

...

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