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Britons face highest price cap in three years as energy bills rise 4% from October
- Ofgem has confirmed a 4% rise in the energy price cap starting October 1, increasing the typical household bill to £1,723 annually, or £60 more per year, marking the highest cap in three years based on current usage levels.
- The price cap affects households on standard variable tariffs in England, Scotland, and Wales, excluding those on fixed contracts and customers in Northern Ireland.
- Energy Secretary Miatta Fahnbulleh said the Labour Government expanded the £150 Warm Home Discount and cut VAT on electricity bills from October to ease cost pressures driven by the Iran War.
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Energy price cap alert: Ofgem confirms bills to rise by 4% for millions of households
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
·London, United Kingdom
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Coverage Details
Total News Sources8
Leaning Left2Leaning Right3Center3Last UpdatedBias Distribution38% Center, 37% Right
Bias Distribution
- 38% of the sources are Center, 37% of the sources lean Right
38% Center
L 25%
C 38%
R 37%
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