Brits Cannot Afford Energy Costs

The average Brit would not be able to afford any more hikes in energy bills, following claims that energy bills could soar as much as 40% before 2009.

86% of those surveyed by moneysupermarket.com said that they would not be able to afford any increases, and 40% admit that the credit crunch has already left them feeling stretched.

Paul Schofield, head of utilities at the site, said: “At a time when people are tightening their belts the prospect of energy price hikes is a daunting one – especially as only one in seven of us could afford more expensive bills.”