It ain’t half cold mam! Despite the price drop, the energy crisis isn’t over

Poverty Frying pan on a hob
Photo by Annushka Ahuja on Pexels.
NewsJune 24th, 2024

The Bevan Foundation’s Director, Victoria Winckler, explains why high costs and leaky homes make for big bills in Wales

The Bevan Foundation contributes a monthly column to Wales’ leading, independent business news website, Business News Wales. The website has more than 250,000 monthly visitors across all sectors of the Welsh economy, enabling the Bevan Foundation to reach deep into the business community.

With July set to bring another welcome fall in gas and electricity prices for domestic consumers, Victoria stresses that the energy crisis is by no means over.

Even with the respite in recent months, typical home energy costs are currently 39% higher than in winter 2021/22. Households in Wales also pay a premium for their energy, and with many rural areas without gas supply, electricity is relied upon more.

With people facing a costly winter, Victoria outlines the Bevan Foundation’s latest work into the support offered by energy companies for those struggling to pay their energy bills.

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