Families who are finding the high cost of energy bills is affecting their finances could check to see if they can increase their income by making a payment protection insurance (PPI) claim or seeking a loan refund.The average price of gas and electricity has risen by 96 per cent in just over five years, which means that households now need to boost their income by £633 to cope, revealed new research from uSwitch.com.According to the report, 27 per cent of families in the UK are now living in fuel poverty, with regions of the country seeing annual energy bills of more than £1,300.PPI claims could also be used to pay for energy efficiency measures that could help reduce the price of future bills.Ann Robinson, director of consumer policy at the group, said that loft insulation and cavity walls are effective options available to homeowners.Earlier research by the company revealed that 48 per cent of bill payers could not afford the energy efficiency measures.Amir HussainAmir specialises in personal loans, consumer debt and debt management.
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