Ofgem today announced the price cap would be hiked to £3,549 from October, representing an 80 percent hike. With worries growing, there are also concerns about a dangerous scam currently circulating via email.
The email states the recipient is eligible for a payment refund, having supposedly paid more than they should have in the previous tax year.
As a result, the email states Britons are entitled to a refund, but will need to take action to claim it.
The correspondence includes a link which directs a person to fill out a form with their personal and financial information.
However, this is all part of an elaborate scam designed to get hold of Britons’ personal details – and subsequently, their hard-earned cash.
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Cifas states consumers should always check the authenticity of emails before considering parting with personal or financial details.
People are able to check if the offer is legitimate by contacting the organisation or service provider.
This should be done using details provided on other correspondence one has from the company, or on their official website.
Amber Burridge, Head of Intelligence for Cifas, has warned the cost of living crisis is set to cause scams to become more commonplace.
This is because criminals are using a number of ways to target unsuspecting victims.
Ms Burridge continued: “Remember, no matter how an offer comes to your attention, there are very few occasions where there is a legitimate need to hand over your bank details.
“Fraud can be executed in stages, and criminals will try a combination of different techniques, from sending ‘free products’ to unsolicited calls purporting to be from a trusted organisation.
“Think carefully before responding to unsolicited calls, texts or emails, and always challenge requests for personal or financial information.
“Just like you should never give out a one-time passcode, do not give anyone permission to remotely access your computer.
“It is crucial that we continue to remain vigilant of fraud and work together to stop criminals from exploiting the public.”
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