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Household energy bills are likely to remain at more than two-and-a-half times their pre-crisis levels until at least 2024, a dire new prediction has warned.

Cornwall Insight, one of the country’s most respected energy consultancies, said bills would hit a staggering £3,359 per year from October for the average household, and not fall below that level until at least the end of next year.

The price cap on energy bills, which regulates what 24 million British households pay, will hit £3,616 from January and rise further to £3,729 from April.

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A gas hob burning. Household energy bills are likely to remain at more than two-and-a-half times their pre-crisis levels until at least 2024, a dire new prediction has warned. Picture: Gareth Fuller/PA Wire

It will begin to fall after that, but only slowly, reaching £3,569 from July before hitting £3,470 for the last three months of 2023.

Cost-of-living crisis: Household energy bills to stay two-and-a-half times pre-crisis levels until at least 2024 in dire new prediction