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Millions of households to face higher energy bills this winter despite price cap

Industrial reporter

MILLIONS of cash-strapped households are facing higher gas and electricity bills this winter despite a lower energy price cap, the labour movement warned yesterday.

Amid declining wholesale prices, regulator Ofgem announced a new average annual energy cost across Britain of £1,923 from October 1 — down from £2,074.

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A gas hob burning on a stove. Ofgem has confirmed an 80.06 percent rise in the energy price cap, sending the average household's yearly bill from GBP 1,971 to GBP 3,549 from October. Picture date: Friday August 26, 2022
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