Age UK Hertfordshire outlines consequences of cost of living crisis on older generations
Charity says "people will reach crisis point"
The Government is under increasing pressure to pour more cash into insulation as assessments show it could save billions in energy costs.
Researchers at the IPPR think tank said retrofitting England's homes with good insulation and heat pumps could play a key role in "levelling up", create millions of jobs and knock hundreds off household bills.
A business coalition, the Energy Efficiency Infrastructure Group (EEIG), has written to Chancellor Kwasi Kwarteng ahead of his mini-budget on Friday, urging him to invest Ă‚ÂŁ5 billion more to insulate UK buildings.
This comes as Age UK Hertfordshire is warning people about the consequences of the cost of living crisis on the older generation.
CEO, Mark Hanna, explains the situation elderly people are living in:
"People who are no longer working and are reliant on a fixed income from state pension, they are struggling more because their income is fixed."
"Increased costs come from the same pot of money that they have - that is the dilemma that a lot of people face."
"People will reach crisis point - they are already reaching that now."
"When we say crisis point it's very much if people are unable to heat their homes because they are fearful that they can't pay their bills - that can have real consequences to their physical and mental health."
"I think what older people will be forced to do is to choose what they can afford and what they can't and they shouldn't be in that position where they've worked all their life and they're having to make decisions that impact the quality of their life."