Ofgem’s bigger than expected £111 rise is third consecutive increase in energy price cap
Business live – latest updates
Millions of homes will face higher than expected energy bills from April after the industry regulator said its price cap would rise by more than £100, increasing for a third consecutive quarter.
The energy regulator, Ofgem, said the cap on gas and electricity charges will rise by £111 from April to an average of £1,849 a year for a typical household after a surge in energy market prices.
Continue reading…
Source link : https://www.theguardian.com/money/2025/feb/25/average-annual-energy-bill-great-britain-energy-price-cap-gas-electricity-charges
Author : Jillian Ambrose and Julia Kollewe
Publish date : 2025-02-25 15:04:00
Copyright for syndicated content belongs to the linked Source.
