Winter energy price cap to rise 4%

Winter energy price cap to rise 4%

Ofgem has announced its latest price cap to take effect from October 1.

26 Aug, 07:43

Forecast energy price cap rise in Britain could push UK fuel bills up 4% this winter

Forecast quarterly rise highest in three years and likely to wipe out Burnham’s VAT cut on electricity bills Household energy bills across Great Britain are expected to climb to a three-year high this winter as the impact of the Middle East war wipes out Andy Burnham’s tax cut on electricity bills. The government’s cap on energy prices is on track to rise by 4% from this October to the equivalent of £1,729 a year thr…

19 Aug, 12:11

Energy bills CONFIRMED to rise this winter in major Ofgem price cap announcement

Ofgem has confirmed the energy price cap will rise four per cent for a typical household from October, in a decision that lands just as Britons prepare to turn the heating back on. The new cap takes effect on October 1 and runs until December 31, representing a rise to £1,723 annually, or £60 a year, for the average household, on the current level of £1,663. Cornwall Insight, whose forecasts are closely tracked in …

26 Aug, 06:05