Network investment 'could mean larger fuel bills'

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Network investment 'could mean larger fuel bills'

Investment into the fuel supply network in the UK could result in increases to the cost of a household bill, it has been reported.

It has been estimated that works to make the network more efficient and connect to renewable energy sources may end up costing each household an extra £548 a year on their bills.

Will Marples, energy expert at uSwitch.com, said that while the investment of around £233.5 billion is essential to keep up supplies, it will more than likely come at a high cost to individual consumers.

"My advice is to invest in making your home more energy efficient, reduce the amount of energy you use and make sure you are paying the lowest possible price for it," he added.

Many consumers will have already seen an increase in their energy bills this year, following on from the cold weather experienced over the Christmas period. According to uSwitch.com it may have added up to £14 to the price of some winter fuel bills.

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