https://birminghamdaily.co.uk/tags/energydebt/Recent content in energydebt on Birmingham DailyHugo -- gohugo.ioen-usFri, 08 May 2026 05:21:53 +0000https://birminghamdaily.co.uk/british-gas-warns-8-million-customers-amid-rising-energy-debt-crisis/Fri, 08 May 2026 05:21:53 +0000https://birminghamdaily.co.uk/british-gas-warns-8-million-customers-amid-rising-energy-debt-crisis/British Gas, owned by Centrica, has issued a stark warning as household energy debt continues to escalate across the UK. Last year, the amount owed by residential customers soared to £1.04 billion, a significant increase from £799 million the previous year. Serving 7.9 million homes, British Gas now faces financial pressures that place its earnings at the lower end of earlier forecasts. Centrica attributes this to “continued challenges in residential energy bad debt collection,” highlighting the widespread impact of rising energy costs and economic uncertainty.