Cap on average annual default tariff will increase to £3,549, with another big rise just down the track
Millions of households face an 80% energy bill hike from 1 October after the regulator Ofgem increased the cap on prices to £3,549 a year.
And there is even worse news coming down the track, with the next announcement on what will almost certainly be an even higher cap – covering the first three months of 2023 – due on 24 November. That is, unless the government or the new prime minister steps in before then.
