However, it was also found that over 60 per cent of the public would not be prepared to pay the extra cost, which is predicted to be around £213 a year.
Simon Harvey, one of the authors behind the new report, said: "The average consumer does not appear to realise that this additional cost is going to hit their wallets.
"There seems to be a worrying degree of apathy among consumers to reduce energy consumption, despite daily headlines about rising fuel bills."
Talking to a committee of MPs, he explained that the rising cost of wholesale energy meant that it was "clear" the cost of gas and electricity would increase.
Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.