Cornwall Insight has released a new report indicating that under the UK Government’s current plans for hydrogen, fuel bills could increase by 70% to 90% more than gas on average.
Ireland’s renewable sector has seen significant growth in previous years and now energy customers are set to receive €89.10 (£76.53) as part of renewable energy generators payback money, says Cornwall Insight.
Cornwall Insight has released its final predictions for October’s Default Tariff Cap showing that a typical household will be paying £3,554 equivalent per year for their energy bills.
Cornwall Insight has again raised its prediction for the upcoming price cap periods, with a typical household now expected to pay £4,266 a year for the three months to March 2023.
The Default Tariff Cap is now predicted to stay above £3,000 a year for the next 15 months, according to the most recent forecast from Cornwall Insight.