Homeowners will once more suffer as costs across the Country are expected to increase starting in April. Most things, including energy and water bills, broadband, and council tax, will be impacted by this most recent increase.
Although not all price increases have been formally verified, past years indicate that there will be additional increases in the spring. Many people who are currently dealing with the cost of living crisis will be affected much harder by it, and those who are managing their finances will feel the stronger impact.
The present rates may make April seem quite overwhelming, but there is assistance available, according to The Mirror. Benefit payments and state pensions will also increase in the upcoming months, according to recent confirmation from the Department for Work and Pensions (DWP).
The full list of confirmed and rumored bills expected to increase in April is provided below.
Mobile, TV, and broadband bill increases will vary depending on the provider you use. According to the present regulations, telecom businesses may raise their prices by 4% in addition to the rate of inflation.
Some businesses have declared that they will raise prices by up to 17.3% in the upcoming months. The adjustment will take effect either on March 31 or in April, and the provider will determine how much more you will pay each month.
Energy bills: Last year the Energy Price Guarantee (EPG) was introduced by the Government in place of the Ofgem price cap. However, this is set to increase from the current £2,500 to £3,000 from April 1.
A typical family could see their energy bills rise by £500 when this happens, but could be even higher depending on your energy usage. These price hikes are made worse by the fact that the Government’s current £400 energy bill discount scheme is coming to an end, with no plans to provide further help as bills skyrocket again.
Council tax: Another bill set to rise in April is council tax. The majority of local authorities will be upping monthly payments by five per cent, however not everyone will be affected and price increases will depend on where you live.
