New forecasts suggest household bills could rise more than £1,000, after another spike in wholesale prices

The energy price cap could reach nearly £3,000 in the UK at the beginning of October, with the planned increase possibly being more than £1,000 according to a new forecast.

It is expected to rise to £2,980.63 for the next period, which runs between October and December, after another spike in wholesale demand prices last week.

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