Energy prices and their effect on households  With two-thirds of adults seeing their cost of living rise in the last month, our article published today on energy prices and their effects shows how lower income households may be hit disproportionately by rising gas and electricity bills. Wholesale gas prices are around four times higher than in early 2021, with consumer prices for gas and electricity rising by 17.1% and 8.7% respectively last October. This followed a 12% rise in the Office of Gas and Electricity Markets (Ofgem) energy price cap last October. The price cap, which limits prices consumers on default tariffs can be charged for their energy, will be reviewed again this month. Any further rises may disproportionately affect lower income households, as they spend a higher proportion of their income on utility bills and are more likely to be in fuel poverty. | 
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