E.On UK boss warns 40% of customers face fuel poverty

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'In my 30 years in the energy industry I've never seen prices increasing at this rate'

A household is considered to be in fuel poverty if it has to spend 10% or more of its disposable income on energy.E.On UK boss Michael Lewis said energy price rises are "unprecedented"

For the 4.5 million people on pre-payment meters - which are typically used by people on lower incomes - the price of energy has now risen further, by an average £708, to £2,017 a year. Following the rise of gas and electricity prices in April, the UK's inflation rate reached a 40-year high of 9%.

 

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