Millions of households face new energy and gas price cap
Ofgem sign outside the electricity and gas industry regulator's office in central London
MILLIONS of households will now have to fork out at least £139 a year more for energy and gas after a new price cap came into effect today.
The regulator Ofgem announced in the summer that the cap would go up after a rise in wholesale gas prices.
However, the new level of the cap was determined before an unprecedented hike in global gas prices, which has triggered the collapse of nine small energy companies in this country.
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