Age UK responds to Ofgem's energy price cap rise
By: Age UK
Published on 06 August 2021 07:00 AM
Caroline Abrahams, Charity Director at Age UK said: "The level at which energy prices are capped is of enormous importance to older people, because we know they are less likely to switch providers for a better deal - especially if they are not online, which is the case for about half of the 75+ population. For all those who are therefore effectively stuck on their existing tariffs, the best protection they have against unfair and unaffordable fuel bills is a robust energy price cap. Unfortunately, the fact that the cap is going up significantly this year will set them up for a miserable and anxious winter.
“Sadly, today's announcement is likely to mean even more older people find themselves in this horrible position and energy suppliers must identify and support those that will struggle in the cold months to come.”