Families hit with higher costs as Ofgem raises energy cap before winter
Millions of households are set to face higher energy bills this winter following the latest price cap announcement by Ofgem. From October, the cap will rise by 2% - a higher increase than the 1% experts had anticipated - leading to increased bills for millions of families across England, Scotland and Wales.
For the typical dual-fuel household paying by direct debit, the average annual bill will climb from £1,720 to £1,755. Prepayment customers will see their bills rise from £1,672 to £1,707, while those who pay upon receipt of their bill will face an increase from £1,855 to £1,890.
Are rising energy bills a worry for you this winter? Should the price cap be held down to protect households? © Cambridge News
