The topic of electricity and gas bill rises has not disappeared from the headlines recently. However, it turns out that we have forgotten about yet another increase that will also affect millions of people in 2023.
Industry experts have issued new predictions for electricity and gas bills in recent days. We are facing an increase like never before.
All because of the so-called price cap, or price limit per unit of energy. It is set to rise to a shocking level of over £3,000!
This in turn means that on a monthly basis from winter onwards, some households will pay up to £500 each! It is already clear that many families will not be able to bear such costs.
Energy price rises will not be the only ones we face. Other bills will also increase from 2023.
We are talking about telephone subscription charges. Already this year, increases have averaged between 8 and almost 12%. In a few months’ time, the amounts will rise again – and by the highest rate ever.
This is already certain. Mobile operators usually raise prices for their services in April. And they have been using the same method of calculating the amounts for years.
Most of them use the amount of inflation in May or June of the previous year as the bass indicator. Currently, the figure is as high as 9.4%.
This is not all. To this value, an additional few percent are added – from more than 3 to nearly 6. So let’s get ready for increases of up to 15%!
How will this translate into bills? As an example, a good quality phone on a subscription costs on average around £35 per month. After the increases, this will rise to £40!
On an annual basis, this will add up to £60 – nearly two ‘extra’ bills compared to the current amounts. Can the increases be avoided?
Yes, but only certain customers will benefit. Those who signed up more than two years ago and had their contract automatically renewed indefinitely will be in a privileged position.
If you chose your phone and your subscription at a later date, there is probably a provision in your contract that allows operators to introduce an increase. And if you break your contract, you will pay a penalty that will ultimately be higher than the increases themselves….