Balances with utilities are £5bn higher than April 2022 despite cost of living crisis after customers cut usage Energy suppliers are hoarding nearly £7bn of customers' money despite a cost of living crisis that has left some households forced to choose between heating and eating. More than 16m UK households are collectively in credit by £6.7bn to their suppliers, with half of those holding balances of more than £200, research from comparison site Uswitch.com has shown.
UK energy suppliers sitting on £7bn credit belonging to 16m households
The Guardian - 26 Apr 2023 01:01
Balances with utilities are £5bn higher than April 2022 despite cost of living crisis after customers cut usage Energy suppliers are hoarding nearly £7bn of customers' money despite a cost of living crisis that has left some households forced to choose between heating and eating. More than 16m UK households are collectively in credit by £6.7bn to their suppliers, with half of those holding balances of more than £200, research from comparison site Uswitch.com has shown.
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