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Energy Bills Jump Ahead of Winter | Leeds News
Energy bills are set to rise by 4% starting October 1st, adding about $60 annually for the average household—pushing typical dual-fuel bills to roughly $1,723. The hike stems from stubborn global gas prices, fueled by Middle East tensions and European heatwaves driving up air conditioning demand. Though VAT was removed from electricity bills, it hasn’t fully countered soaring wholesale costs. With winter approaching and energy use climbing, families already strained by cost-of-living pressures face added anxiety. This cap—the highest since July last year—will last three months, while…
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