Cardiff is set to be hit hard by the expected rise in energy bills in April, new figures have revealed.
Analysis by the Welsh Liberal Democrats shows that the average yearly bill for homeowners in Cardiff is set to skyrocket by £535 - the equivalent of £45 a month - once the new energy price cap comes into effect.
Last year the average homeowner in Cardiff paid out £677 for their annual energy bill. Under the new price cap coming into force in April, that figure is set to rise to £1,212.
The energy price cap is expected to be around £1,865, according to energy experts. More misery looms on the horizon for residents in Cardiff unless action is taken to help them with the cost of bills, with the price cap expected to increase to over £2,000 when it is revised again in the Autumn.
Cardiff Liberal Democrats are calling for a one-off ‘Robin Hood’ tax on the super-profits of oil and gas giants, to fund an emergency package of support for local residents facing eye-watering increases to their heating bills.
This would include the doubling and expansion of the Warm Home Discount to those in receipt of Universal Credit or Pension Credit, 44,046 households in Cardiff £300 each off their heating bills this year.
The Liberal Democrats are also calling for the doubling of the Winter Fuel Allowance to be doubled, helping 17,030 pensioners in the area keep their homes warm.
Welsh Liberal Democrat Councillor Rhys Taylor, said:
“These figures reveal that people in Cardiff are facing eye-watering increases to their energy bills in April, while the government is just sitting on its hands.
“Many pensioners and other local residents are already deeply worried about their next heating bill landing on their doormats.
“The Liberal Democrats have set out a clear plan to give thousands of people in our area £300 each off their heating bills this year. “It’s time Boris Johnson stopped taking our local communities for granted and offered families the support they need to cope with energy price hikes.
“Long-term we need to see the Labour-Plaid Cymru administration in the Senedd significantly ramp up its insulation programme, with support to improve household insulation targeted at those who need it most.
“The Welsh Government has missed all of its fuel poverty reduction targets since 2010, we simply cannot leave this issue unaddressed any longer.”