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Age UK responds to Ofgem's energy price cap rise

By: Age UK
Published on 06 August 2021 08:00 AM

Caroline Abrahams, Charity Director at Age UK said: "The level at which energy prices are capped is of enormous importance to older people, because we know they are less likely to switch providers for a better deal - especially if they are not online, which is the case for about half of the 75+ population. For all those who are therefore effectively stuck on their existing tariffs, the best protection they have against unfair and unaffordable fuel bills is a robust energy price cap. Unfortunately, the fact that the cap is going up significantly this year will set them up for a miserable and anxious winter.

“Sadly, today's announcement is likely to mean even more older people find themselves in this horrible position and energy suppliers must identify and support those that will struggle in the cold months to come.”

-- Ends --

Notes to editors

[1] Online survey conducted by Opinium on behalf of Age UK between 14th and 18th January 2022. Sample of 1,280 UK residents (65++), weighted to be nationally representative of the 65+ age group.

[1] Online survey conducted by Opinium on behalf of Age UK between 3rd and 8th December 2021. Sample of 2,000 UK adults (18+), weighted to be nationally representative of the 65+ age group.

[1] Online survey conducted by Opinium on behalf of Age UK between 14th and 18th January 2022. Sample of 1,280 UK residents (65++), weighted to be nationally representative of the 65+ age group.

[1] 82 per cent of the 12,508,638 older people in the UK = 10,257,083 people

[1] https://campaigns.ageuk.org.uk/page/96920/petition/1?ea.tracking.id=Website

[1] As reported in the Financial Times, Monday 17th January 2022: https://www.ft.com/content/d246f8b4-80ef-498f-b9f1-7779acc5efd7

[1] On Monday 10th January 2022, the Charity wrote to the Secretaries of State for Business, Energy and Industrial Strategy (Rt Hon Kwasi Kwarteng MP) and for Work and Pensions (Rt Hon Thérèse Coffey MP), calling for immediate action to protect vulnerable older people from the cold this winter. This was the second letter from the Charity in as many months urging Ministers to take decisive action on energy bills to mitigate the potentially devastating impact of the escalating crisis, which will be nothing short of catastrophic for many older people without intervention. In addition, the letter underlined the need for longer-term thinking about how older people with the least ability to pay can be protected from energy price rises in the future. The letter was sent by email.

[1] DWP, 2020. Income-related benefits: estimates of take-up: financial year 2018 to 2019 (Table PC1). Department for Work and Pensions. [Online]. Available at: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/929669/pension-credit-tables-2018-2019.ods. Accessed 19/01/2022 

For more information

Contact the Age UK Media team on 020 3033 1430 (out of hours: 07071 243 243).

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Last updated: Jan 21 2022

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