Campaigners fear increase by £149 in energy price cap by Ofgem will put more pressure on household
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Households in Great Britain will begin the run-up to winter with a 10% increase in their energy bills after the industry regulator increased its cap on gas and electricity prices from October.
Under the new price cap, the average annual dual-fuel energy bill will rise to £1,717 a year, up £149 from its current level of £1,568, which has been in place since July.
The price cap is set every quarter by Ofgem, the energy regulator for Great Britain, and imposes a maximum on how much suppliers can charge their 28 million household customers per unit of gas and electricity.
It is expressed in terms of how much the average home would pay at this rate for their typical annual energy use, which means a cold autumn and winter could push bills even higher if households need to keep the heating on for longer.
Households in Great Britain will begin the run-up to winter with a 10% increase in their energy bills after the industry regulator increased its cap on gas and electricity prices from October.
Under the new price cap, the average annual dual-fuel energy bill will rise to £1,717 a year, up £149 from its current level of £1,568, which has been in place since July.
The price cap is set every quarter by Ofgem, the energy regulator for Great Britain, and imposes a maximum on how much suppliers can charge their 28 million household customers per unit of gas and electricity.
It is expressed in terms of how much the average home would pay at this rate for their typical annual energy use, which means a cold autumn and winter could push bills even higher if households need to keep the heating on for longer.
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