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The Progressive Policy Think Tank

The true cost of energy - how competition in the energy market affects energy bills

The cost of an average energy bill has risen dramatically in recent years: from £605 in 2004 to £1,060 in 2010. 2011 alone saw rises of up to 19 per cent which were a key factor behind the high inflation in that year and contributed to the squeeze in living standards faced by many families in the UK.