Increase in energy price cap by Ofgem follows 10% rise for current quarter, heaping more pressure on households
• What is the energy price cap and can I cut my bill?
An average annual energy bill in England, Scotland and Wales will rise by 1.2% to £1,738 from January, heaping further pressure on household finances.
The energy regulator Ofgem said its quarterly price cap would go up by £21 a year, or about £1.75 a month, for a typical household’s gas and electricity use.
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