Regulator Ofgem will lift price cap on tariffs to pre-pandemic levels
Energy bills will rise for about 15 million UK households from April after the regulator Ofgem lifted the price cap on tariffs back to pre-pandemic levels.
Ofgem said that for six months from April the price cap will increase by £96 to £1,138 for 11 million default tariff customers, and by £87 to £1,156 for 4 million pre-payment meter customers.
